501 Church Street
Cheraw, SC 29520
Est. $2,988/mo — See my rate
$83/Sq Ft
6,292 sqft · $83/sqft
About This Home
Excellent investment opportunity in the Historic District of Cheraw featuring eight potential rental units, with seven currently available for rental use. This multi-unit property offers a strong income-producing opportunity with a combination of updated units, recent renovations, and future value-add potential. Several units have received improvements in recent years including updated HVAC split systems, flooring, cabinetry, windows, appliances, plumbing updates, and roof replacements.
One unit has been stripped to the studs and presents an excellent opportunity for renovation or possible conversion into a shared laundry facility for tenants. Current rental income is already in place on select occupied units, while vacant units provide immediate opportunity for increased cash flow and tenant placement. The property includes a mix of ground-floor and upper-level units, with varying layouts and features throughout.
Located in the heart of Cheraw’s Historic District, this property is positioned in an area with continued demand for rental housing, making it an attractive option for investors seeking long-term growth and income potential. Shown by appointment only. Preapproval letter or proof of funds required prior to showing.
Property Details
Interior Details
- Heating
- Central
- Laundry Features
- None
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Above Grade Finished Area
- 6292
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Parking Space(s)
Exterior Features
- Construction Materials
- Brick Full
Lot And Land
- Lot Size Acres
- 0.18
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Cheraw
Zoning And Restrictions
- Zoningspecification
- Res
Multi Unit Details
- Total Number Of Units
- 7
Listed by Mary Anderson (843-954-2760) · Lewis Realty (843-921-2002)
Location
- Address
- 501 Church Street
- City
- Cheraw, SC 29520
Schools
- Elementary
- Cheraw Primary
- Middle
- Long
- High
- Cheraw
School assignments may change. Contact the school district to confirm.
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