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!
Property Type: | Residential Income | Property Subtype : | Fiveplex |
Year Built : | 1982 | Construction Type : | Site Built |
Lot Size : | 0.34 Acres | Living Area : | 3,734 sqft |
Based on information submitted to the MLS GRID as of 06-18-2025 21:45:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.