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Listed price in listed location currency (USD).
$520,000

040

MLS® 4383404

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6292 sqft
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1950
Avg. Price Per Sqft $82
MLS® Number 4383404

Property Address: 501 Church Street, Cheraw, SC, 29520

Average square foot calculated using Size range provided by listing agent.

Description

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 strongincome-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 andupper-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.
MLS® Number4383404
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$520,000List Price
  • Commute

Commute

Starting Address
Destination Address
501 Church Street, Cheraw, SC

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