501 Church Street, Cheraw, SC 29520
Local realty services provided by:ERA Live Moore
Listed by: mary anderson
Office: lewis realty
MLS#:4382511
Source:CH
501 Church Street,Cheraw, SC 29520
$520,000
- - Beds
- - Baths
- 6,292 sq. ft.
- Multi-family
- Active
Price summary
- Price:$520,000
- Price per sq. ft.:$82.64
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....
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Home facts
- Year built:1950
- Listing ID #:4382511
- Updated:August 16, 2026 at 01:18 PM
Rooms and interior
- Living area:6,292 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1950
- Building area:6,292 sq. ft.
- Lot area:0.18 Acres
- Foundation Description:Slab
Schools
- High school:Cheraw
- Elementary school:Cheraw Primary
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$520,000
- Price per sq. ft.:$82.64
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