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228 Crozier Street

Henderson, NC 27536
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6 images $179,900 View home

Not in a Subdivision

228 Crozier Street, Henderson NC 27536

4 bd / 2 ba / 1,456 sqft

Status: Active, MLS #10127134 Courtesy of Taylor Realty & Investment Grp.

228 Crozier Street

Henderson, NC 27536
Active ID# 10127134

Investor Opportunity! Price Reduced to Achieve 6.3% Cap Rate! Exceptional opportunity to acquire a fully leased, income producing duplex in the heart of Henderson - now available at $179,900 following a significant price reduction from $230,000. At this adjusted price, the property offers a 6.3% cap rate, aligning with today's investor benchmarks, with additional upside potential as current rental rates remain below market value. Each side of the duplex features 2 bedrooms and 1 full bath, with both units occupied under active month-to-month leases, providing immediate cash flow and flexibility for future adjustments. Unit 228: Long-term tenant in place since 2006; new electric heat pump installed June 2025. Updating anticipated upon turnover, creating an opportunity for value enhancement. Unit 230: Refreshed in 2017 with updated paint, carpet, and vinyl; stable tenancy since that time. Located near shopping, dining, and everyday conveniences, this duplex represents a turnkey, low-maintenance investment asset in a steadily growing rental market. Whether expanding an existing portfolio or making a first acquisition, this property combines proven performance, strong returns, and long-term growth potential. Detailed financials available upon request. Contact Jessica for additional information or to schedule a showing. Tenants require 48 hours notice for all showings per lease terms. Appointments available via ShowingTime and watch for email confirmation of showing instructions!

$179,900 4 bedrooms 2 full bathrooms 0.33 acres 1,456 square feet $124 per square foot
  • Construction Materials Vinyl Siding
  • Lot Size Acres 0.33
  • Parking Features Driveway
  • Structure Type Duplex
  • Above Grade Finished Area 1,456
  • Cooling Central Air
  • Cooling Y/N Yes
  • Flooring Carpet, Vinyl
  • Heating Heat Pump
  • Heating Y/N Yes
  • Tax Annual Amount 1368.54
  • Water Source Public
  • Year Built 1998

Additional Property Information

  • TypeDuplex
  • Built1998
  • NeighborhoodNot in a Subdivision
  • CountyVance
  • AreaHenderson
  • Elementary SchoolVance - Pinkston Street
  • Middle SchoolVance - Vance County
  • High SchoolVance - Vance County
More Info on School Ratings

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