$179,900

228 Crozier Street, Henderson, NC 27536

4 beds |
2 baths |
1,456 sqft

Duplex
Built in 1998
0.33acre lot
—— car garage
$124/sqft
Listed 2 months ago

Property Description

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!

Listing Status:: Active
Date Added:: October 10, 2025 at 05:00AM
Listing Office:: Taylor Realty & Investment Grp : 919-524-4152
Listing Agent:: Jessica Taylor Landes : 919-524-4152
MLS ID:: 10127134

Flooring: CarpetVinyl
A/C: Central Air
Heating: Heat Pump

Parking: Driveway

Roofing: Shingle
General: Vinyl Siding1Brick/Mortar

Originating MLS: Triangle MLS
County: Vance

Zoning: 007001077

Water: Public
Sewer: Public Sewer

Source: Triangle MLS

This listing courtesy of Jessica Taylor Landes, Taylor Realty & Investment Grp

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pinkston Street Elementary School

855 Adams St, Henderson, NC, 27536

Grades PK-5

0.72 miles away

Advance Academy

219 Charles St, Henderson, NC, 27536

Grades 6-12

0.58 miles away

Advance Academy

219 Charles St, Henderson, NC, 27536

Grades 6-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.