For Sale $550,000
Located just minutes from downtown Rock Hill, this fully leased multifamily property offers investors an exceptional blend of immediate income and long-term growth potential! The asset consists of two 2-BR, 1-BA duplexes and one 3-BR, 1-BA SFH, providing diversified rental income with stable, long-term tenants. Recent upgrades include new roofs on all buildings, recently replaced HVAC systems, & modern cosmetic improvements, ensuring low maintenance costs and hassle-free ownership. The property features ample parking and generous yard space, adding appeal for tenants. With a 9% cap rate, 11% cash-on-cash return, and an NOI of $53,400, this turnkey investment delivers strong, reliable returns. Rents are already performing well, with additional upside potential in a fast-growing market like Rock Hill. Whether you're looking for passive income or a hold-and-appreciate asset, this property checks all the boxes. Don’t miss this rare chance to own a high-yielding, low-maintenance investment!
Attic Other
| List Price: | $550,000 |
| Status: | For Sale |
| Bedrooms: | 11 |
| Type: | Fiveplex |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4271935 |
| Subdivision: | Sunset Park |
| Year Built: | 1982 |
| Sewer Type: | Public Sewer |
| Elementary: | Sunset Park |
| Middle: | Saluda Trail |
| High: | Northwestern |
| Date | Event | Price | $/SQFT |
| 08-02-2025 | Under Contract | $550,000-4.35% | N/A |
| 07-06-2025 | Listed | $575,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 205, 207, 209 Friedheim Road, Rock Hill SC | 0 mi | $550,000 | days | |
| 616 Simpson Street, Rock Hill SC | 0 mi | $175,000 | days | |
| 206 Friedheim Road, Rock Hill SC | 0 mi | $179,000 | days | |
| 647 Simpson Street, Rock Hill SC | 0.1 mi | $194,500 | days | |
| 316 Scoggins Street, Rock Hill SC | 0.1 mi | $319,900 | days | |
| Scoggins Street, Rock Hill SC | 0.1 mi | $319,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Keller Williams Connected
205, 207, 209 Friedheim Road, Rock Hill SC is a ft2 on a 0.340 acres Appraisal lot. This is for $550,000. This has 11 bedrooms, baths, and was built in 1982.
Based on information submitted to the MLS GRID as of 2025-07-06 11:30:58 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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