205,207,209 Friedheim Road, Rock Hill, SC 29730
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: rotem eckman
Office: coldwell banker realty
MLS#:4392230
Source:CH
Price summary
- Price:$750,000
- Price per sq. ft.:$200.86
About this home
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....
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Home facts
- Year built:1982
- Listing ID #:4392230
- Updated:June 15, 2026 at 10:58 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:5
- Full bathrooms:5
- Kitchen Description:Dishwasher, Electric Range, Refrigerator
- Living area:3,734 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1982
- Building area:3,734 sq. ft.
- Lot area:0.17 Acres
- Foundation Description:Slab
Schools
- High school:Northwestern
- Elementary school:Sunset Park
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$200.86
Parking
- Parking description:Parking Lot
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