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501 Church Street, Cheraw, SC 29520 ACTIVE 1 of 48 501 Church Street, Cheraw, SC 29520 — photo 2 501 Church Street, Cheraw, SC 29520 — photo 3 501 Church Street, Cheraw, SC 29520 — photo 4 501 Church Street, Cheraw, SC 29520 — photo 5
1 of 48
Active
$520,000 Est. $3,583/mo — Get pre-qualified
0beds 4baths 6,292sq ft 0.17acres

501 Church Street · Cheraw, SC 29520

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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.

Features & Amenities

Living Area6,292 Sq.Ft.
Baths4
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Electric, Heat Pump
FireplaceNo
AppliancesOther
LaundryOther - See Remarks
Year Built1950
ConstructionBrick Full
FoundationCrawl Space
ParkingOn Street
StatusActive
Lot Size0.17 Acres
CountyCHESTERFIELD
Property TypeResidential Income
Property SubTypeApartment
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryCheraw Primary Elementary School
MiddleLong Middle School
HighCheraw High School
Presented By: Lewis Realty; irofficeassistant@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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