205,207,209 Friedheim Road, Rock Hill, SC 29730
Sunset Park · York County
Key Facts
Description
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 Information
Property Type
Residential Income
Year Built
1982
Living Area
3,734 sq ft
Zoning
SF-5
Days on Market
20
MLS® Listing#
4392230
Property Features
Appliances
Cooling
Heating
Parking
Laundry
Construction
Foundation
Sewer
Water Source
Schools
- Elementary:
- Sunset Park
- Middle:
- Saluda Trail
- High:
- Northwestern
Financial Details
HOA
None
Assessed Value
$104,700
Parcel Number
600-22-03-002
Affordability Calculator
$145,980
Estimated monthly payment
$3,885/mo
Principal $583,920 · Est. interest $814,620 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rock Hill, SC
- $349,351
- Median Listing Price
- 51
- Median Days on Market
- 1,775
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 572
- Active Listings
- This home’s price is 109% above the area median.
- Its price per sq ft is 3% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rock Hill, SC.
Location
Points of Interest in Rock Hill, SC
Showing the Rock Hill area map.
Nearby Schools
Sunset Park Elementary School
Elementary · 0.5 mi away
Sunset Park Center for Accelerated Studies
Elementary · 0.5 mi away
Freedom Montessori School
Elementary · 0.8 mi away
Episcopal Day School
School · 0.8 mi away
Central Child Development Center
School · 0.9 mi away
Rock Hill Schools
School · 0.9 mi away
Toddler House of York County I
School · 1.0 mi away
Ebenezer Avenue Elementary School
Elementary · 1.0 mi away
Parentsmart
School · 1.0 mi away
Providence Classical School of Rock Hill
Secondary · 1.5 mi away
Oakland Day School
School · 1.7 mi away
Northside Elementary School
Elementary · 1.8 mi away
Phoenix Academy
School · 1.9 mi away
The Palmetto School
Elementary · 1.9 mi away
Belleview Elementary School
Elementary · 2.0 mi away
Westminster Catawba Christian School
School · 2.2 mi away
Richmond Drive Elementary School
Elementary · 2.3 mi away
Saluda Trail Middle School
Secondary · 2.5 mi away
CDC Herlong
School · 2.5 mi away
Beacons Child Development Center
School · 2.5 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Rock Hill
Listing Courtesy: Coldwell Banker Realty - rotemak@gmail.com
Last Updated: 2026-06-11
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