501 Church ST, Cheraw, SC 29520
501 Church ST, Cheraw, SC 29520
501 Church ST, Cheraw, SC 29520
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Lindsey Turner

Lindsey Turner

+1(704) 577-3767
$520,000
Est. payment /mo
6,292 SqFt
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UPDATED:

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 4382511

Abv Grd Liv Area 6,292

Year Built 1950

Lot Size 7,840 Sqft

Acres 0.18

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 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.

Location

State SC

County Chesterfield

Zoning res

Interior

Heating Central

Cooling Central Air

Appliance Other

Laundry None

Exterior

Street Surface Concrete,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Slab

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

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© 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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Lindsey Turner

Lindsey Turner

+1(704) 577-3767

REALTOR - Listing Specialist/Buyers Agent

REALTOR - Listing Specialist/Buyers Agent

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501 Church ST