Agent profile image in chat bubble
Agent profile image in chat header

Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

Agent profile image in message

501 Church St , Cheraw, SC 29520
$520,000
Est. Payment: $1,155.56/mo
0 Bed
4 Bath
6292 Sqft
Status: Active | Days on site: 121
Get Pre-Qualified
R04029 - R28505
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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 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.

Highlights

Listed by Mary Anderson , 843-954-2760 Lewis Realty , 843-921-2002.

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1950

County

Chesterfield

Listing ID

4383404

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Central Air,Electric,Heat Pump
Fireplaces:
Above Ground Sq Ft:6292
Below Ground Sq Ft:0
Water:City

Exterior Features

Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,156
Taxes
$332

Home Price

$520,000

Loan Details

30 yrs
%

Down Payment

20%
$104,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,155.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,155.56 $331.50 $0.00 $1,487.06
Yearly $13,866.67 $3,978.00 $0.00 $17,844.67
Total $416,000.00 $119,340.00 $0.00 $535,340.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Cheraw, SC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.