- 11 beds
- 5 baths
- 3,734 sqft
- 14,810 sqft lot
- $153 per sqft
- 1982 build
- – on site
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!
Last checked:
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Last updated Jun 17, 2025
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MLS# 4271935 —
The Building
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Year Built:1982
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New Construction:false
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Construction Type:Site Built
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Subtype:Fiveplex
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Construction Materials:Block, Other - See Remarks
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# of Units Total:5
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Foundation Details:Slab
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Stories:1
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Basement:false
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Building Area Total:3734
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Above Grade Finished Area:3734
Interior
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Features:Attic Other
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Living Area:3734
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Fireplace:false
Location
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Directions:From I-77 S, take exit 79 for Dave Lyle Blvd toward Downtown. Turn right onto Dave Lyle Blvd, then turn left onto Main St. Continue straight, then turn right onto Friedheim Rd. The house will be on your right.
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Latitude:34.92135255
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Longitude:-81.03836198
The Property
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Type:Residential Income
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Lot Size Area:0.34
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Lot Size Units:Acres
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Zoning Specification:SF-5
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Additional Parcels Description:600-22-03-003
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Asphalt, Gravel, Paved
Listing Agent
- Contact info:
- Agent phone:
- (704) 497-3365
- Office phone:
- (803) 835-2300
Taxes
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Parcel Number:600-22-03-002
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Tax Assessed Value:93357
Beds
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Bedrooms Total:11
Baths
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Full Baths:5
The Listing
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Special Listing Conditions:Subject to Lease
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Dishwasher, Electric Range, Refrigerator
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Laundry Features:Electric Dryer Hookup, Washer Hookup
Schools
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Elementary School:Sunset Park
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Middle School:Saluda Trail
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High School:Northwestern
The Community
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Subdivision Name:Sunset Park
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HOA Subject To:None
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Senior Community:false
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Pets Allowed:Yes
Parking
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Parking Features:Parking Space(s)
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:true
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Open Parking Spaces:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | CMLS | $575,000 | |
3/25/25
Mar 25, 2025
|
Price Changed | CMLS | ||
2/13/25
Feb 13, 2025
|
Listed / Active | CMLS |