1803 Cherokee Ave, Gaffney, SC 29340
New

26 Photos
 
$275,000
Active for Sale
4 Beds
2 Baths
1948 SF
Built In 1945
 
Listing ID 11390852
Property Type House
County Cherokee
Total Tax $247
Tax ID 099-14-00-009.002
FEMA Flood Map fema.gov/portal
Year Built 1945
   
Associated Documents
Virtual Tour

The Perfect Home - Modern Comfort with Timeless Charm

Discover an exceptional opportunity to own a charming Cape Cod-style home with incredible investment potential in Gaffney, SC. Located at 1803 Cherokee Avenue, this 1,948 sq. ft. residence, priced at $275,000, combines timeless character with thoughtful modern updates. Built in 1945 and lovingly maintained, the home offers four spacious bedrooms, two beautifully updated bathrooms, and a functional layout ideal for family living or even professional office use. The modernized kitchen, stylish bathrooms, and rich hardwood flooring throughout create a warm and inviting atmosphere, while features like a 20x8-foot second-story balcony that doubles as a covered side porch adds to its unique appeal. A two-car carport and storage sheds provide additional convenience, and the home's location on Cherokee Avenue (US Hwy 29) ensures high visibility for those interested in converting it for commercial use, with a projected commercial rental value of $2,500 per month. In addition to the primary home, the adjacent rental properties are available for an additional $200,000, creating an unparalleled opportunity for savvy investors. This bundled offering includes two rental houses (2 bed, 1 bath each), each with detached garages, and one rental lot. Currently generating $1,600 per month in gross rental income, these properties have even greater earning potential, with market rents estimated at $1,050 per house and $250 for the lot. With long-term tenants already in place, this is a turnkey investment that promises steady cash flow from day one. The location is another standout feature. Positioned across from a new Dollar General, the property benefits from excellent accessibility and parking options, enhancing its appeal for both residential and commercial use. Residents will appreciate the proximity to local amenities such as the Gaffney Outlet Marketplace, parks, and schools within the Cherokee County School District. Commuters will enjoy the convenience of easy access to I-85, offering quick connections to Charlotte, Greenville, and Spartanburg. This property is perfect for families, retirees looking for income potential, professionals seeking a home-based office with prime visibility, or investors looking for a bundled offering with immediate returns. Built by the original owner's father and complete with its original blueprints, the home blends historical charm with modern practicality. Whether you're searching for a forever home, a lucrative investment, or a unique commercial space, this property is a rare find that delivers on every level. Schedule your private tour today and explore the endless possibilities this remarkable property has to offer. Don't miss out on a chance to own a residence that combines comfort, charm, and incredible potential in the heart of Gaffney.
Property Details
  • 4 Total Bedrooms
  • 2 Full Baths
  • 1948 SF
  • 0.36 Acres
  • Built in 1945
  • 2 Stories
  • Available 12/07/2024
  • Cape Cod Style
  • Crawl Basement
Interior Features
  • Galley Kitchen
  • Laminate Kitchen Counter
  • Oven/Range
  • Carpet Flooring
  • Hardwood Flooring
  • Vinyl Flooring
  • Vinyl Plank Flooring
  • 11 Rooms
  • Entry Foyer
  • Living Room
  • Dining Room
  • Primary Bedroom
  • Kitchen
  • Breakfast
  • First Floor Primary Bedroom
  • First Floor Bathroom
  • 1 Fireplace
  • Forced Air
  • Heat Pump
  • 2 Heat/AC Zones
  • Natural Gas Fuel
  • Natural Gas Avail
  • Central A/C
  • Wall/Window A/C
Exterior Features
  • Frame Construction
  • Brick Siding
  • Vinyl Siding
  • Asphalt Shingles Roof
  • Detached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Municipal Sewer
  • Deck
  • Covered Porch
  • Driveway
  • Corner
  • Trees
  • Utilities
  • Shed
  • Street View
  • City View
  • Near Bus
Taxes and Fees
  • $247 County Tax
  • $247 Total Tax
  • Tax Year 2022
Listed By
1st Class Real Estate-Focal Point
Office: 864-399-8333
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