For Sale $750,000
Located just minutes from downtown Rock Hill, this investment property offers a rare opportunity to acquire a completely renovated, turnkey asset with long-term upside. The property consists of two 2-bedroom, 1-bath duplexes and one 3-bedroom, 1-bath single-family home, providing diversified rental income across five units with stable tenant occupancy. Extensively renovated with top-tier finishes throughout, the property has undergone significant improvements, including new roofs on all buildings, updated HVAC systems, modern kitchens and bathrooms, upgraded flooring, fixtures, and cosmetic enhancements. These capital improvements help minimize future maintenance expenses and provide investors with a truly low-maintenance asset. The property generates a strong $59,220 annual NOI and is offered at an attractive 7.5% cap rate, delivering solid in-place returns with additional upside potential. A projected 8% cash-on-cash return (pro forma) further highlights the investment's income-producing potential. Ample parking and generous yard space enhance tenant satisfaction and support long-term occupancy. Positioned in one of the Charlotte region's fastest-growing submarkets, this asset offers investors the ideal combination of stable cash flow, quality renovations, and future appreciation potential. Whether you're expanding an existing portfolio, seeking a 1031 exchange opportunity, or looking for a turnkey multifamily investment, this property checks all the boxes. Fully renovated, Investor-ready.
| List Price: | $750,000 |
| Status: | For Sale |
| Bedrooms: | 11 |
| Type: | Portfolio |
| Parking: | Parking Lot |
| MLS Number: | CAR4392230 |
| Subdivision: | Sunset Park |
| Year Built: | 1982 |
| Sewer Type: | Public Sewer |
| Elementary: | Sunset Park |
| Middle: | Saluda Trail |
| High: | Northwestern |
| Date | Event | Price | $/SQFT |
| 06-20-2026 | Listed | $750,000 | N/A |
| 08-16-2025 | Listed | $265,000 | 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 | $750,000 | days | |
| 215 Friedheim Road, Rock Hill SC | 0 mi | $84,900 | days | |
| 616 Simpson Street, Rock Hill SC | 0 mi | $169,000 | days | |
| 624 Harrison Street, Rock Hill SC | 0.1 mi | $263,000 | days | |
| 664 Simpson Street, Rock Hill SC | 0.1 mi | $179,000 | days | |
| 309 Orr Drive, Rock Hill SC | 0.2 mi | $99,000 | 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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| 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 Coldwell Banker Realty
205,207,209 Friedheim Road, Rock Hill SC is a ft2 on a 0.170 acres Appraisal lot. This is for $750,000. This has 11 bedrooms, baths, and was built in 1982.
Based on information submitted to the MLS GRID as of 2026-06-20 10:16:22 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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