228 Crozier Street

228 Crozier Street

Exceptional opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson. Recently reduced and strategically priced to sell, this property now offers a solid 6.80% cap rate, aligning with today's investor expectations while still presenting meaningful upside as current rental rates remain below market value. Each unit features 2 bedrooms and 1 full bath, with both sides occupied under active month-to-month leases--providing immediate cash flow along with flexibility for future rent adjustments or repositioning. Unit 228 has a long-term tenant in place since 2006 and recently received a new electric heat pump in June 2025. Interior updates are anticipated upon turnover, offering a clear opportunity for value enhancement. Unit 230 was refreshed in 2017 with updated paint, carpet, and vinyl flooring and has maintained stable occupancy since that time. Ideally located near shopping, dining, and everyday conveniences, this duplex represents a low-maintenance investment in a steadily growing rental market. Whether expanding an existing portfolio or securing a strong first acquisition, this property combines proven performance, stable tenancy, and long-term growth potential. Detailed financials are available upon request. Tenants require 48 hours' notice for all showings per lease terms. Appointments are available through ShowingTime - please monitor email for confirmation and showing instructions.