501 Church St, Cheraw, SC 29520

Sqft
6,292

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Listed byLewis Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Square feet
6,292
Lot size (acres)
0.17
Year built
1950

Exterior features

Water view
Yes

Utilities

Heating
Heat Pump, Electric, Central
Cooling
Heat Pump, Electric, Central Air
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Canopy MLS MLS®#: 4383404 Last checked:

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