$172,000

620-622 Third St Cheraw, SC 29520

$2,043
Closing credit¹
1,594 sqft
0.08 acres
$108 / sqft
Multi-Family

Property details

About 620-622 Third St

Charming Duplex in Cheraw, SC – An Investment Opportunity! Welcome to this beautifully maintained duplex located at 620-622 Third St in the heart of Cheraw, South Carolina. This income-producing property is perfect for savvy investors looking for income streams or an owner that wishes to live in one side and rent the other. With a thoughtful layout featuring two bedrooms and one bathroom on each side, this duplex offers flexibility and convenience for a variety of living arrangements. This property is currently leased on both sides, generating a total monthly income of $1,800. Duplexes provide a unique advantage by allowing you to earn two incomes under one roof! The duplex has undergone several upgrades that enhance its appeal and reduce maintenance needs. Enjoy modernized kitchens and bathrooms, along with improvements to electrical and plumbing systems. The HVAC units were upgraded in recent years, ensuring comfort year-round without the worry of frequent repairs. Fresh paint and luxury vinyl tile flooring add to the property's aesthetic while making upkeep a breeze and a roof replacement by the previous owner. Situated in a prime location, this duplex offers easy access to local amenities, schools, parks, and shopping. Cheraw's charming downtown area is just minutes away, making it an ideal spot for residents who appreciate community living with all the conveniences at their fingertips. Each unit features 2 bedrooms and 1 bathroom, creating a comfortable living space for tenants. The property is currently generating $1,800 per month in rental income, showcasing its strong investment potential. The luxury vinyl tile flooring and upgraded utilities contribute to its low-maintenance appeal, saving you time and money in the long run. Don't miss out on this fantastic opportunity to invest in a property that not only provides immediate income. Whether you're looking to expand your real estate portfolio or find a home with rental income potential, this duplex is a must-see! Contact us today to schedule a viewing and explore how this property can work for you! Unit is occupied by tenant and requires 36 hour notice with pre-approval of financing or proof of funds required. Showings scheduled for Tuesday & Thursday Only and Between 10am - 6pm. This property is owned by a former licensed SC Real Agent entity. **DISCLAIMER**Images, documents, and materials are for reference only and may not accurately reflect the property. Government records may not be current; we offer no warranty of accuracy. Photos and descriptions may be AI-enhanced for illustration. Buyer or representative responsible for verifying square footage, taxes, lot size, HOA, covenants & restrictions, zoning and other pertinent information.

Highlights

Home typeDuplex
HeatingHeat Pump
StatusAccepting Backup Offers
(UNDER CONTINGENCY CONT)
Size1,594 sqft
Lot size0.08 Acres
Year built1970
ParkingOff Street
MLS #20244444

Summary

  • MLS Number: 20244444
  • MLS Name: PeeDee
  • Office Name: United Country Real Estate The Michael Group
  • Listing Agent: Tonya Michael

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Pee Dee MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. ©2025 Pee Dee REALTOR® Association. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 10:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style house featuring a patio, a front yard, and covered porch

$172,000

620-622 Third St

$2,043

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

3

Cheraw Intermediate School

Public District 3-5

2.3 mi

421 Chesterfield Hwy

6

Plainview Elementary School

Public District PK-6

12.1 mi

16002 Highway 102

4

Edwards Elementary School

Public District PK-5

12.4 mi

2411 West Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,181. Residents of Cheraw, SC typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

31%
<35k
48%
35k-100k
21%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
11%
Single, with Kids
37%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 620-622 Third St in Cheraw, SC and zip code 29520. This 1,594 square foot home, which was built in 1970, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $172,000.

Cheraw, SC housing market in March 2025 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. The inventory of homes for sale in Cheraw, SC between February and March 2025 increased by 3.5%.

From Rocket Homes Real Estate and based on county public records data.

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