About 500 Zene Street
Investor Opportunity: Turnkey Duplex with Strong Rental Potential! Rare opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson! Ideally located near shopping, dining, and local conveniences, this property is positioned for consistent long-term rental performance in a rapidly appreciating market. Whether you're expanding your portfolio or making your first investment, this low-maintenance asset is an ideal addition. Each side of the duplex features 2 bedrooms and 1 full bath, with both units occupied under active leases for immediate cash flow. The current cap rate stands at 6.96% based on existing rental rates, with potential for increased returns as rents remain well below market value. Both tenants are currently on a month to month lease: Unit
500 moved in February of 2022, and Unit 502 moved in July of 2021. Recent updates include an electric heat pump (2021), new stove (2020), refrigerator (2022), interior refresh with new paint, carpet, and vinyl (Dec 2022), and new hot water heater (2023) in Unit 500. Unit 502 received fresh paint, carpet, and vinyl (June 2021) and a new refrigerator (June 2022). This is a turnkey investment
opportunity with proven cash flow, located in a growing rental market. Interior photos were taken prior to tenant occupancy. Showings must be scheduled during leasing office hours only: Monday through Friday, 10 AM to 4 PM. Additional financials available upon request. Contact Listing Agent for more information. Schedule all showing requests through ShowingTime and keep an eye out for a confirmation email once the showing is confirmed.
