48
See all 48 photos
$520,000
Est. payment /mo
4 Baths
6,292 SqFt
New
501 Church ST Cheraw, SC 29520
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,292 sqft
Price per Sqft $82
MLS Listing ID 4383404
Full Baths 4
Abv Grd Liv Area 6,292
Year Built 1950
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Apartment
Property 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.
Location
State SC
County Chesterfield
Zoning res
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Appliance Other
Laundry Other - See Remarks
Exterior
Street Surface Concrete,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Cheraw Primary
Middle Schools Long
High Schools Cheraw
Others
Pets Allowed Yes
Senior Community false
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Mary Anderson • Lewis Realty • mary-lewisrealty@att.net
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