
228 Crozier Street
Henderson, NC 27536Investor 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!
- Exterior Features
- Interior Features
- Property Features
- 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

Listing courtesy of Taylor Realty & Investment Grp. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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