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.
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School Information
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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.