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Fiveplex in Prime Rock Hill, SC Location 3 Multifamily Properties Offered at $550,000 in Rock Hill, SC
INVESTMENT HIGHLIGHTS
- Fully rented with immediate cashflow!
- Turnkey investment with major CapEx included!
- High demand area with stable occupancy and growth potential!
EXECUTIVE SUMMARY
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-bedroom, 1-bathroom duplexes and one 3-bedroom, 1-bathroom single-family home, providing diversified rental income with stable, long-term tenants.
Recent upgrades include new roofs on all buildings, recently replaced HVAC systems, and 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!
Check out the property video here: https://listings.nextdoorphotos.com/vd/195293686
Recent upgrades include new roofs on all buildings, recently replaced HVAC systems, and 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!
Check out the property video here: https://listings.nextdoorphotos.com/vd/195293686
PROPERTY FACTS
| Price | $550,000 | Number of Properties | 3 |
| Price / SF | $51.89 / SF | Individually For Sale | 0 |
| Cap Rate | 9.71% | Total Building Size | 10,600 SF |
| Sale Type | Investment | Total Land Area | 2.53 AC |
| Status | Under Contract |
| Price | $550,000 |
| Price / SF | $51.89 / SF |
| Cap Rate | 9.71% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,600 SF |
| Total Land Area | 2.53 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 207 Friedheim Rd, Rock Hill, SC 29730 | Multifamily | 8,000 SF | 1965 | - |
| 205 Friedheim Rd, Rock Hill, SC 29730 | Multifamily | 1,300 SF | 1965 | - |
| 209 Friedheim Rd, Rock Hill, SC 29730 | Multifamily | 1,300 SF | 1965 | - |
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Fiveplex in Prime Rock Hill, SC Location
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