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$258,000
1 Day On Site

1516 Cypress Drive
Henderson, NC 27536

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
2,263
SqFt
$114
/SqFt
1951
Built
Subdivision:
Not in a Subdivision
County:
Vance

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1516 Cypress Drive1516 Cypress Drive1516 Cypress Drive1516 Cypress Drive
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A rare opportunity for all landlords! Seller financing available. This turnkey brick ranch home with an unfinished basement has quality tenant already placed. Tenant is Nursing Manager in a senior living community. Immediate rare to find cash flow for landlord investors and built-in equity from day one! Currently rented for $1,825/month. One year lease that expires on 6/30/2027, but tenants intend to stay long term. Located in a quiet, established neighborhood near Henderson Country Club, the home has benefited from numerous recent improvements. One-year Platinum Home Warranty is included. Property has numerous new items done: Electrical Panel by licensed electrician, Furnace by licensed HVAC company, Water Heater by licensed plumber, Refrigerator, Microwave, Washer, Dryer, Ceiling fans. Buy below market value, collect rent from day one, and add a well-improved property with built-in equity to your portfolio. Finish the basement yourself and further significantly enhance your return. Seller will provide a 1-year Old Republic Platinum Home Warranty, offering additional protection and peace of mind for the new owner. Schedule your showing today.

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Listing Snapshot
Price 
$258,000
Days On Site 
1 Day
Bedrooms 
3
Inside Area (SqFt) 
2,263 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1951
MLS® Number 
10191143
Status 
Active
Property Tax 
$3,347.11
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.46
Carport 
2
Disclosures 
Lead Based PaintSeller Disclosure
Foundation 
Block
Lease Term 
12 Months
Levels 
One
Parking 
Carport
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2263
SqFt Total 
2263
Style 
Traditional
Water Source 
Public
Interior Features
Basement 
Unfinished
Cooling 
Electric
Fireplace 
Yes
Fireplaces 
1
Flooring 
CarpetHardwoodVinyl
Heating 
Electric
Main Level Bedrooms 
3
Bedroom 2 
Dimensions - 132.0 x 138.0Level - Main
Bedroom 3 
Dimensions - 129.0 x 149.0Level - Main
Den 
Dimensions - 1911.0 x 1311.0Level - Main
Dining Room 
Dimensions - 116.0 x 142.0Level - Main
Kitchen 
Dimensions - 116.0 x 1611.0Level - Main
Living Room 
Dimensions - 21.0 x 206.0Level - Main
Master Bedroom 
Dimensions - 132.0 x 144.0Level - Main
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Exterior Features
Construction Details 
Brick Veneer
Roof 
Shingle
Community Features
Financing Terms Available 
AssumableConventionalFHALease OptionLease Purchase
Schools
School District
Unknown
Elementary School
Henderson - Atkinson Elementary
Middle School
Henderson - Apple Valley Middle
High School
Henderson - East Henderson High
Listing courtesy of Peter Cheng of Southern Properties Group Inc.



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-09-08 06:15 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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