$550,000
Rock Hill Investment: Turnkey 5-Unit Property with Strong Returns
About This Property
This Property Has Been Sold
This property sold 1 week ago and is no longer available for purchase.
View active listings in Sunset Park →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!
Quick Facts
Time on Site
7 months ago
Property Type
ResidentialIncome
Year Built
1982
Price/Sq.Ft.
$147
Property Details
Schools
Features & Amenities
Location & Map
Map View
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Additional Information
Utilities
- Public Sewer
- City
Lot And Land
Agent Contacts
- Palmetto Park Realty Team Fort Mill: 803.548.6123
Interior Details
- Central
- Primary Bedroom
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Living Room
- Electric Dryer Hookup
- Washer Hookup
- Attic Other
Exterior Features
- Block
- Other - See Remarks
Multi Unit Details
Parking And Garage
- Parking Space(s)
Financial Information
Basement And Foundation
- Slab
Zoning And Restrictions
Square Footage And Levels
Additional C A R Information
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