620-622 Third St Cheraw, SC 29520
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
(UNDER CONTINGENCY CONT)
Summary
- MLS Number: 20244444
- MLS Name: PeeDee
- Office Name: United Country Real Estate The Michael Group
- Listing Agent: Tonya Michael
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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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$172,000
620-622 Third St
$2,043
closing credit¹
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Price information
Property sales
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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.
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.
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%.