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Chip Barker

chip@yourcoreadvisor.com +1(919) 271-1074

Listed by Taylor Realty & Investment Grp

$ 164,900

Est. payment -/mo

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Pending

228 Crozier Street #228/230 Henderson, NC 27536

4 Beds

2 Baths

1,456 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $113

Subdivision Not In A Subdivision

MLS Listing ID 10147174

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,456

Year Built 1998

Annual Tax Amount $1,660

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Duplex

Source Triangle MLS

Property Description

Exceptional opportunity to acquire a fully leased, income-producing duplex in the heart of Henderson. Recently reduced and strategically priced to sell, this property now offers a solid 6.80% cap rate, aligning with today's investor expectations while still presenting meaningful upside as current rental rates remain below market value. Each unit features 2 bedrooms and 1 full bath, with both sides occupied under active month-to-month leases--providing immediate cash flow along with flexibility for future rent adjustments or repositioning. Unit 228 has a long-term tenant in place since 2006 and recently received a new electric heat pump in June 2025. Interior updates are anticipated upon turnover, offering a clear opportunity for value enhancement. Unit 230 was refreshed in 2017 with updated paint, carpet, and vinyl flooring and has maintained stable occupancy since that time. Ideally located near shopping, dining, and everyday conveniences, this duplex represents a low-maintenance investment in a steadily growing rental market. Whether expanding an existing portfolio or securing a strong first acquisition, this property combines proven performance, stable tenancy, and long-term growth potential. Detailed financials are available upon request. Tenants require 48 hours' notice for all showings per lease terms. Appointments are available through ShowingTime - please monitor email for confirmation and 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 0070 01077

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

Chip Barker

Broker | License ID: 222468

+1(919) 271-1074

Chip Barker

228 Crozier Street #228/230 Henderson, NC 27536

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION