205, 207, 209 Friedheim RD Rock Hill, SC 29730
11 Beds
5 Baths
3,734 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 3,734 sqft
Price per Sqft $200
Subdivision Sunset Park
MLS Listing ID 4392230
Bedrooms 11
Full Baths 5
Abv Grd Liv Area 3,734
Year Built 1982
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Portfolio
Property Description
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.
Location
State SC
County York
Zoning SF-5
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Electric Range, Refrigerator
Laundry In Unit
Exterior
Street Surface Asphalt,Concrete
Garage false
Building
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Block
New Construction false
Schools
Elementary Schools Sunset Park
Middle Schools Saluda Trail
High Schools Northwestern
Others
Pets Allowed Yes
Senior Community false
Special Listing Condition None
Virtual Tour https://buildout.com/website/1654864-sale
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