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Well-Maintained Duplex Residence

254 York Street Chesnee, SC 29323

254 York Street, Chesnee, SC, 29323
$389,950
For Sale
$389,950

MULTI_FAMILY - Chesnee, SC

Property Size2,598 SF
Lot Size0.23 Acres
Price / SF$150.10
Days on Market49

Property Features for 254 York Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1
Standard status
Active
Size
2,598 SF
Lot size
0.23 Acres

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
2022
Floors in Building
1
Listing Agency Shulikov Realty & Associates
5110 New Cut Rd, INMAN, SC
Listed by Anatoly (Nathan) Shulikov · License #63658
Added: Jun 1 Checked: Jul 19 at 9:06 pm
MLS# 337831 Listing URL

Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale duplex is well maintained and configured as two separate residential units. Each unit offers three bedrooms and two full bathrooms, along with a one-car garage. The property is presented as residential income housing with both units currently occupied.

The duplex is located at 254 York Street in Chesnee, South Carolina, within walking distance of downtown. The site totals 0.23 acres and is sized at 2,598 square feet.

For buyers seeking an income-producing residential asset, this property provides the benefit of existing tenant occupancy and an established unit layout with three-bedroom floorplans and attached one-car garage parking for each side. With both units described as occupied at the time of listing, it may appeal to investors looking for a turnkey holding structure. Prospective buyers and tenant applicants should confirm all lease terms, operating details, and condition specifics during their due diligence.

Key Highlights

  • 2022‑built duplex in Chesnee with both units currently occupied by tenants
  • Each unit features 3 bedrooms and 2 full bathrooms
  • Both units include a one‑car garage

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.9k $13.44
− Vacancy −$1.7k −$0.67
EGI $33.2k $12.77
− OpEx −$10.0k −$3.83
NOI $23.2k $8.94
2,598 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$331.7K
$290.3K – $387.0K (±1% cap)
NOI $23,220 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$305.6K
$267.4K – $356.5K (±1% cap)
NOI $21,389 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.02M
$1.76M – $2.35M (±1% cap)
NOI $141,182 @ 7.0% cap · market cap 36.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Electrical Service Grocery & Convenience Store Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 3-bedroom, 2-bath units with one-car garages, currently occupied and generating immediate rental income.
Where is this duplex located?
The property is located at 254 York Street Chesnee, SC.
What is the asking price?
The asking price for this property is $389,950.
What are key features of this property?
This property features: 2022‑built duplex in Chesnee with both units currently occupied by tenants; Each unit features 3 bedrooms and 2 full bathrooms; Both units include a one‑car garage
Contact an agent
More about this property
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