(864) 362-2375
$520,000
501 Church Street, Cheraw, SC 29520
6,292SQFT
1950YearYear Built
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 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
Key Facts
Status: Active
Type: Residential Income
Stories: 2
HOA Fees: $0
MLS: Canopy
MLS #: 4383404
Features
Apartment
Other
Mortgage Calculator
$2,629Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $520,000
Status: Active — For Sale
Days on market: 0
Last updated: May 19, 2026
Schools
Loading assigned schools…
Listing courtesy of Lewis Realty
Source MLS #: 4383404
Last updated: May 19, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.