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Koho Realty

info@kohorealty.com +1(919) 322-8090

Listed by Taylor Realty & Investment Grp

$ 179,900

Est. payment -/mo

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Active

228 Crozier Street Henderson, NC 27536

4 Beds

2 Baths

1,456 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $123

Subdivision Not In A Subdivision

MLS Listing ID 10127134

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,456

Year Built 1998

Annual Tax Amount $1,368

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Duplex

Source Triangle MLS

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!

Location

State NC

County Vance

Direction Once on I-85 take exit 215, turn towards Downtown Henderson, turn right onto N Garnett St and continue for .6 miles, turn left onto N Garnett St for .2 miles, turn left towards N William St, go over the railroad tracks and immediately turn left on to N Williams St, then turn right onto Crozier St, the duplex will be on your right.

Interior

Heating Heat Pump

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces Once on I-85 take exit 215, turn towards Downtown Henderson, turn right onto N Garnett St and continue for .6 miles, turn left onto N Garnett St for .2 miles, turn left towards N William St, go over the railroad tracks and immediately turn left on to N Williams St, then turn right onto Crozier St, the duplex will be on your right.

Story 1

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Vance - Pinkston Street

Middle Schools Vance - Vance County

High Schools Vance - Vance County

Others

Senior Community No

Tax ID 007001077

Special Listing Condition Standard

Koho Realty

Firm License | License ID: C30723

+1(919) 322-8090

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Koho Realty

228 Crozier Street Henderson, NC 27536

Key Details

Location

Interior

Exterior

Building

Schools

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228 Crozier Street