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501 Church Street

Cheraw, SC 29520
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$520,000 $2,192/Mo
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Bed 0

Bed

Bath 4.0

Bath

SqFt6,292

Sqft

Acres0.17

Acre(Lot)

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 tena nt 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $520,000

AD Id : 78873402

MLS Id : CAR4383404

Lot Size : 0.17 Acre

Living Area Size : 6,292

Year Built : 1950

County : Chesterfield

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Feature Features

  • Bathroom Information

    Full Baths: 4

    Interior Features

    Appliances: Other Laundry Features: Other - See Remarks

  • Flooring Information

    Construction Materials: Brick Full

  • Heating & Cooling

    Heating: Central, Electric, Heat Pump Cooling: Central Air, Electric, Heat Pump WaterSource: City

  • Building Information

    Year Built: 1950

  • Lot Information

    Lot Size Area: 0.17 acre

    Property Information

    Property Type: Residential Income Sub Type: Apartment

  • Listing Price Information

    Original List Price:$520000

  • Tax Information

    Tax Assessed Value: 213000 Parcel Number: 272-001-005-012

  • Parking Information

    On Street

  • School Information

    Elementary School: Cheraw Primary Junior High School: Long Senior High School: Cheraw

  • Utility Information

    Sewer: Public Sewer Water Source: City

  • Location Information

    City: Cheraw
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Disclaimer: The information being provided courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CAROLINA (Canopy MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of CAROLINA (Canopy MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/21/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/21/2026 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 06/21/2026 @ 06:20

MLS: CAROLINA #4383404 LISTED BY: Mary Anderson, Lewis Realty 843-921-2002 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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