Bought with Choice Realty, Inc.
For more information regarding the value of a property, please contact us for a free consultation.
110 Raley St Cheraw, SC 29520
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $40
MLS Listing ID 23016166
Sold Date 09/27/23
Year Built 1989
Lot Size 2.610 Acres
Acres 2.61
Property Sub-Type Duplex
Property Description
Greystone Apartments offers 30-units available within 15 duplexes, all located on a 2.6-acre parcel on Agerton Street and Raley Street, conveyed in as-is/where is condition, located in Cheraw, SC. Several of the brick or stucco duplex buildings have updated roofs and updated kitchens with newer cabinetry, appliances and flooring. All units come with washer/dryer hookups, range, refrigerator, and baseboard heat. Tenants bring window air if desired. Each duplex has approximately 1600 sq ft with 800-sq ft per unit. The bedroom/bath mix is two (2) 1-bedroom/1bath units; Four (4) 3-bedroom/1-bath units; and the remaining 24 units are 2-bedroom/1-bath.The rents for each of these properties have not been increased for some time. Therefore, there is significant upside here......(room to likely increase rents 40% or more). Cheraw is nicknamed "The Prettiest Town in Dixie," and for good reason, this town is steeped in history and continues to prosper with major industry, an expanding technical college and strong healthcare services.
Feel free to drive by each property, but do not roam around on the properties or talk to tenant residents. Buyers shall be shown all units upon receipt of acceptable contract with proof of funds during due diligence period. Sellers require scheduled showings with at least 72-hour Notice, preferably a week's Notice with signed Confidentiality Agreement and proof of funds. Investment Package available (+ any other additional info requests) requires signed Confidentiality Agreement. This is an As Is sale.
Location
State SC
County Chesterfield
Area 81 - Out Of Area
Region None
City Region None
Interior
Heating Baseboard
Exterior
Roof Type Architectural,Asphalt,Metal
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Stucco
New Construction No
Schools
Elementary Schools Out Of Area
Middle Schools Out Of Area
High Schools Out Of Area
Others
Financing Cash
Read Less