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Pointe Realty Group

[email protected] +1(919) 614-4360

Listed by Taylor Realty & Investment Grp

$ 224,900

Est. payment -/mo

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500 Zene Street Henderson, NC 27536

4 Beds

2 Baths

1,344 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $167

Subdivision Not In A Subdivision

MLS Listing ID 10127241

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,344

Year Built 2000

Annual Tax Amount $1,476

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Duplex

Source Triangle MLS

Property Description

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.

Location

State NC

County Vance

Direction From N. Garrett Street, going away from Rose Ave, turn Left on to W. Montgomery Street, then turn right on to Zene Street. Duplex will be on your right.

Interior

Heating Forced Air, Heat Pump, See Remarks

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces From N. Garrett Street, going away from Rose Ave, turn Left on to W. Montgomery Street, then turn right on to Zene Street. Duplex will be on your right.

Story 1

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Vance - Clark Street

Middle Schools Vance - Vance County

High Schools Vance - Vance County

Others

Senior Community No

Tax ID 002505011

Special Listing Condition Standard

Pointe Realty Group

+1(919) 614-4360

Pointe Realty Group

500 Zene Street Henderson, NC 27536

Key Details

Location

Interior

Exterior

Building

Schools

Others

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