141 Cardinal Lane, Henderson, NC

$148,500

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3

Beds

2

Baths

1,512

Square feet

0.90

Acres

About 141 Cardinal Lane

Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years - most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs. Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request - contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.

Features of 141 Cardinal Lane

MLS® # 10128108
Price $148,500
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,512
Acres 0.90
Year Built 1999
Type Residential Income
Sub-Type Manufactured On Land
Status Active

Community Information

Address 141 Cardinal Lane
Subdivision Key Estates
City Henderson
County Vance
State NC
Zip Code 27537-3576

Amenities

Parking Spaces 3
Parking Driveway
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump
Cooling Central Air
Fireplace No
# of Stories 1
Stories One
Has Basement No

Exterior

Roof Shingle
Construction Vinyl Siding
Foundation Block, Brick/Mortar

School Information

Elementary Vance - New Hope
Middle Vance - Vance County
High Vance - Vance County

Additional Information

Date Listed October 16th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 132
HOA Fees Freq. Annually

Listing Details

OfficeTaylor Realty & Investment Grp

Listing Map

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