104 Raley St, Cheraw, SC 29520

Cheraw
Local realty services provided by:ERA Wilder Realty
104 Raley St,Cheraw, SC 29520
$1,400,000
  • - Beds
  • - Baths
  • 24,000 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan c lee
Office: choice realty, inc.
MLS#:2602428
Source:SC_RAGPD

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$58.33

About this home

Greystone Apartments presents an opportunity to acquire a 30-unit multifamily community comprised of 15 duplex buildings in Cheraw, South Carolina. The property consists primarily of 2-bedroom, 1-bathroom units, with five 3-bedroom units and three 1-bedroom, 1-bathroom units. Most units are approximately 800 square feet. Current ownership has implemented rent increases and completed select improvements, including updates to plumbing, appliances, and cabinetry in various units. With the property being self-managed by an out-of-town owner, a significant Value-Add Opportunity exists for an investor to further improve operations, increase efficiencies, reduce vacancy loss, and maximize rental income through professional local management. At 100% occupancy, the property generates projected annual gross rental income of approximately $257,700. The unit mix, manageable building configuration, and continued upside potential make Greystone Apartments an attractive investment for buyers...

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Home facts

  • Year built:1989
  • Subdivision & Development:City
  • Listing ID #:2602428
  • Added:111 day(s) ago
  • Updated:October 02, 2026 at 02:48 PM

Rooms and interior

  • Flooring:Luxury Vinyl Plank, Vinyl
  • Living area:24,000 sq. ft.

Heating and cooling

  • Heating:Base Electric

Structure and exterior

  • Roof:Architectural Shingle, Composite Shingle, Metal
  • Year built:1989
  • Building area:24,000 sq. ft.
  • Lot area:2.6 Acres
  • Construction Materials:Block Masonry, Brick Veneer, Stucco

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$58.33

Parking

  • Parking description:Off Street

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