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Listed price in listed location currency (USD).
$179,900

420

MLS® 10127134

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1456 sqft
Garage No
Taxes $1,369
Days Active 99
Lot Size 0.33 acres
Approx. Age 1998
Avg. Price Per Sqft $123
MLS® Number 10127134

Property Address: 228 Crozier St, Henderson, NC, 27536-3605

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number10127134
Laundry Level
Central VacNo
FireplaceNo
Acreage0.33
Exterior
GarageNo
Approx. Age1998
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$179,900List Price
  • Commute

Commute

Starting Address
Destination Address
228 Crozier St, Henderson, NC

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