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$148,500
New Listing

141 Cardinal Lane
Henderson, NC 27537

For Sale|Manufactured On Land|Active
3
Beds
2
Total Baths
2
Full Baths
1,512
SqFt
$98
/SqFt
1999
Built
Subdivision:
Key Estates
County:
Vance

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141 Cardinal Lane141 Cardinal Lane141 Cardinal Lane141 Cardinal Lane
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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.

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Listing Snapshot
Price 
$148,500
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,512 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.9 Acres
Year Built 
1999
MLS® Number 
10128108
Status 
Active
Property Tax 
$981.88
HOA/Condo/Coop Fees 
$11 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
0.9
Foundation 
BlockBrick/Mortar
Lease Term 
12 Months
Levels 
One
Number Of Stories 
1
Parking 
Driveway
Property Sub Type 
Manufactured On Land
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
1512
SqFt Total 
1512
Water Source 
PrivateWell
Interior Features
Cooling 
Central Air
Flooring 
CarpetVinyl
Heating 
Heat Pump
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Shingle
Community Features
Association Dues 
132
Financing Terms Available 
CashConventional1031 Exchange
HOA Fee Frequency 
Annually
Schools
School District
Unknown
Elementary School
Vance - New Hope
Middle School
Vance - Vance County
High School
Vance - Vance County
Listing courtesy of Jessica Taylor Landes of Taylor Realty & Investment Grp



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-10-16 10:54 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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