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1230 Hight Street, Henderson, NC 27536
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$149,900
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Home Details for 1230 Hight Street
Price
$149,900
Type
Multi Family
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Year Build
1965
Sq. Ft.
1750
Lot Size
0.17
County
Vance
Total Rooms
1
Tax
$713.34
MLS®️ Listing#
10120373
On exitrealty.com
136 days
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.
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School Information for 1230 Hight Street
Elementary School
Vance - Pinkston Street
Middle School
Vance - Vance County
High School
Vance - Vance County
Listing Courtesy: Taylor Realty & Investment Grp - 919-524-4152
Last Updated: 2025-10-06 07:27:13
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$149,900
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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615