$145,000
Est. Payment: $745/mo
Adjust down payment, rate & terms
508 Chesterfield Ave, Lancaster, SC 29720
Lancaster, SC 29720
3
bedrooms
2
baths
1,720
sq.ft.
$84
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
About This Property
***PRICE REDUCTION*** Seller says bring us an offer. Investor Alert! Prime fix-and-flip opportunity at 508 Chesterfield Ave., Lancaster, SC! Priced below tax value and below market value, this as-is property is an excellent opportunity for investors, cash buyers, contractors, or anyone looking to build equity through renovation. Situated on a 0.852-acre corner lot within the City of Lancaster, this property offers public water and sewer and plenty of room for future improvements. The home features 3 bedrooms and 1 bathroom and is ready for a complete transformation, making it an ideal fix-and-flip, buy-and-hold rental, or BRRRR investment. A major bonus is the detached 3-car garage with electricity and a water hookup, providing exceptional space for a workshop, storage, hobby area, or additional value-add possibilities. The seller will make no repairs, and the property is being sold AS IS, with the price reflecting the work needed. Opportunities like this—with a large lot, city utilities, and tremendous investment potential—are becoming increasingly difficult to find. Whether you’re looking for your next renovation project or a long-term rental investment, 508 Chesterfield Ave. offers the chance to unlock significant upside. Schedule your showing today and bring your vision to life!
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About the Neighborhood
Homes for sale in 29720 place buyers in Lancaster, the Lancaster County seat approximately 40 miles southeast of Charlotte via US-521, a small city experiencing a genuine revitalization anchored by its textile heritage, historic downtown, and competitive residential values that increasingly attract Charlotte metro buyers seeking space and value. The residential landscape features late Victorian and Colonial Revival homes in the established historic residential neighborhoods surrounding the Lancaster County Courthouse, alongside mid-century brick ranches and newer construction on the city's expanding corridors. The revitalizing Downtown Lancaster corridor along Main Street delivers emerging independent dining and retail investment, while Andrew Jackson State Park. honoring the seventh US president, a Lancaster County native. provides outdoor recreation and historical interpretation minutes from residential neighborhoods. Major employers including Springs Industries' successor operations and Atrium Health Lancaster anchor the local employment base. The 29720 real estate market delivers substantial historic homes and newer construction at highly competitive price points, with US-521 providing Charlotte connectivity in approximately 45–50 minutes and positioning buyers within reach of both the Charlotte metro and Lancaster County's growing amenity base.
Property Features
Property Description
- Beds Total: 3
- Bathrooms: 2 Full
- Year Built: 1940
- Living Area: 1,720 sqft
- New Construction: No
- MLS #: 4404036
Additional Home Features
- Subdivision: none
- Neighborhood: none
Association
- HOA Required: No
Utilities
- Electricity Connected
- Natural Gas
Interior Features
- Pantry
- Heating: Central
- Cooling: Central Air
- Electric Dryer Hookup
- In Bathroom
Appliances
- Refrigerator
Construction Materials
- Wood
- Foundation: Crawl Space
- Roof: Composition
Cooling
- Central Air
Foundation Details
- Crawl Space
Heating
- Central
Laundry Features
- Electric Dryer Hookup
- In Bathroom
Levels
- One
Parking Features
- Attached Carport
- Detached Garage
- Garage Spaces: 3
- Carport Spaces: 2
- Covered Spaces: 2
Exterior Features
- Patio/Porch: Covered, Front Porch
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Concrete, Paved
Sewer
- Public Sewer
WaterSource
- City
Architectural Style
- Bungalow
Security Features
- Security System
Flooring
- Carpet
- Linoleum
Fireplace
- Fireplace: Yes
- Gas
- Insert
Tax and Financial Info
- Listing Terms: Cash
Location
Similar homes nearby
LISTING COURTESY OF: EXP REALTY LLC BALLANTYNE
704-221-6100
$145,000
Est. Payment: $745/mo
Adjust down payment, rate & terms
Lancaster, SC 29720
3
bedrooms
2
baths
1,720
sq.ft.
$84
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP Realty LLC Ballantyne
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
$145,000
508 Chesterfield Avenue
3 bed, 2 bath