141 Cardinal LN, Henderson, NC 27537
141 Cardinal LN, Henderson, NC 27537
141 Cardinal LN, Henderson, NC 27537
141 Cardinal LN, Henderson, NC 27537
141 Cardinal LN, Henderson, NC 27537
141 Cardinal LN, Henderson, NC 27537
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Listed by Taylor Realty & Investment Grp

$129,000

$148,500

13.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

2 Baths

1,512 SqFt


SOLD DATE : 12/15/2025

Key Details

Sold Price $129,000

Property Type Manufactured Home

Sub Type Manufactured On Land

Listing Status Sold

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $85

Subdivision Key Estates

MLS Listing ID 10128108

Sold Date 12/15/25

Bedrooms 3

Full Baths 2

HOA Fees $11/ann

HOA Y/N Yes

Year Built 1999

Annual Tax Amount $981

Lot Size 1,512 Sqft

Acres 0.9

Property Sub-Type Manufactured On Land

Source Doorify MLS

Land Area 1512

Property Description

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.

Location

State NC

County Vance

Community Key Estates

Area 0.9

Interior

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Vinyl

Fireplace No

Exterior

Parking Features Driveway

Roof Type Shingle

Garage No

Building

Story One

Foundation Block, Brick/Mortar

Water Private, Well

New Construction No

Schools

Elementary Schools Vance - New Hope

Middle Schools Vance - Vance County

High Schools Vance - Vance County

Others

Tax ID 0365C01015

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Nearby Locations

Michael Ulrich

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 802-7282

mike@amazingraleighdurhamhomes.com

1359 Catrush Way, Wake Forest, NC, 27587, USA

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