228 Crozier Street new to site Save Request In-Person Tour Request Virtual Tour
Henderson,NC 27536
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $157
Subdivision Not In A Subdivision
MLS Listing ID 10120750
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
To place an offer, please visit Xome.com. All offers must be submitted through the Xome platform. Investor Opportunity - Turnkey Duplex with Strong Rental Potential. Rare opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson. Ideally located near shopping, dining, and local conveniences, this property is positioned for consistent long-term rental performance in a rapidly appreciating market. Whether you're expanding your portfolio or making your first investment, this low-maintenance asset is an ideal addition. Each side of the duplex features 2 bedrooms and 1 full bath, with both units occupied under active leases for immediate cash flow. The current cap rate stands at 4.9% based on existing rental rates, with potential for increased returns as rents remain well below market value. Both tenants are currently on a month to month lease. Unit 228 includes a brand new electric heat pump installed in June 2025, with a long term tenant in place since 2006. While the unit will likely need updating upon turnover, it offers strong upside potential. Unit 230 was refreshed in 2017 with new paint, carpet, & vinyl, & the current tenant has been in place since that time. This is a turnkey investment opportunity with proven cash flow, located in a growing rental market. Additional financials available upon request - contact Jessica for more information or to schedule a showing.
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.
Rooms
Basement Crawl Space
Primary Bedroom Level Main
Interior
Heating Heat Pump
Cooling Central Air
Flooring Carpet,Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
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.
Sewer Public Sewer
Water Public
Architectural Style Traditional
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 Auction