205 207 209 Friedheim Road
Rock Hill, SC 29730
11 bd · 5 ba · 3,734 sqft · $201/sqft
Highlights
Turnkey 5-Unit Rock Hill Portfolio with Strong Income Upside
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.
Property Details
Interior Details
- Heating
- Central
- Exclusions
- N A
- Half Bathrooms
- 0
- Laundry Features
- In Unit
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Above Grade Finished Area
- 3734
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Parking Lot
Exterior Features
- Construction Materials
- Block
Lot And Land
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Rock Hill
Zoning And Restrictions
- Zoningspecification
- S F-5
Multi Unit Details
- Total Number Of Units
- 5
Listed by Rotem Eckman (209-676-7745) · Coldwell Banker Realty (704-541-5111)
Location
- Address
- 205 207 209 Friedheim Road
- City
- Rock Hill, SC 29730
- Community
- Sunset Park
Schools
- Elementary
- Sunset Park
- Middle
- Saluda Trail
- High
- Northwestern
School assignments may change. Contact the school district to confirm.
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