228 Crozier Street, Henderson, NC 27536
Local realty services provided by:ERA Strother Real Estate
228 Crozier Street,Henderson, NC 27536
$179,900
- 4 Beds
- 2 Baths
- 1,456 sq. ft.
- Multi-family
- Active
Listed by:jessica taylor landes
Office:taylor realty & investment grp
MLS#:10127134
Source:RD
Price summary
- Price:$179,900
- Price per sq. ft.:$123.56
About this home
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!
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Home facts
- Year built:1998
- Listing ID #:10127134
- Added:52 day(s) ago
- Updated:October 29, 2025 at 03:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,456 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1998
- Building area:1,456 sq. ft.
- Lot area:0.33 Acres
Schools
- High school:Vance - Vance County
- Middle school:Vance - Vance County
- Elementary school:Vance - Pinkston Street
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,900
- Price per sq. ft.:$123.56
- Tax amount:$1,368
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