1230 Hight Street Coming Soon Save Request In-Person Tour Request Virtual Tour
Henderson,NC 27536
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Coming soon
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $85
Subdivision Not In A Subdivision
MLS Listing ID 10120373
Style Duplex
Bedrooms 3
Full Baths 2
Year Built 1965
Annual Tax Amount $713
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
Investor Opportunity: Fully Leased Duplex with Strong Income Potential. Rare chance to acquire a stabilized, income-producing duplex in a quiet and private setting just minutes from downtown Henderson (1 of 5 properties currently offered by this seller). Whether you are adding to an established portfolio or making your first investment, this low-maintenance asset is an excellent choice. Unit A offers 1 bedroom and 1 bath, while Unit B provides 2 bedrooms and 1 bath. The property is currently producing a 7.8% cap rate based on existing rental income, with notable upside as current rents remain well below market value. Unit A was leased in October 2024, and Unit B is currently on a month-to-month lease, providing flexibility for future rent adjustments. Both units were refreshed between 2022 and 2023 with new paint, carpet, and vinyl flooring. Interior photos were taken prior to tenant occupancy and were provided by leasing company (with watermark). Showings must be coordinated with the leasing office and are available Monday through Friday from 10 AM to 4 PM. Additional financials are available upon request - contact Jessica for more details or to schedule a showing. With immediate cash flow, strong rental demand, and clear potential for rent growth, this property presents an excellent investment opportunity.
Location
State NC
County Vance
Interior
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Carpet,Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Vance - Pinkston Street
Middle Schools Vance - Vance County
High Schools Vance - Vance County
Others
Special Listing Condition Standard