626 Chestnut Street, York, PA 17403

Property Description

*Property is being sold AS-IS. Welcome to a value-add investment opportunity in the growing City of York. This two-unit duplex offers strong long-term potential for cash flow and equity creation. The property experienced a fire in September 2025 that originated two homes away and spread through the attic space of several neighboring properties. The majority of the damage is isolated to one room and the roof system, with smoke damage present throughout the building. With repairs and renovations, this duplex can be restored to full operating condition. The first-floor unit is a 1-bedroom, 1-bath apartment of approximately 800 square feet and sustained minor smoke damage. Estimated market rent for this unit ranges from $850–$950 per month. The second-floor unit offers a 2-bedroom, 1-bath layout of approximately 900 square feet with ample storage and a functional floor plan. Projected market rent for this unit is $1,000–$1,100 per month. Conveniently located near downtown York, the York Revolution Stadium, and major highway access, the property offers strong tenant appeal and easy accessibility for out-of-area investors. An excellent opportunity to rehabilitate and reposition a duplex in one of York’s most stable and consistently performing rental markets. The property was deemed condemned following the fire, upon further investigation, the city does not have any documentation on file regarding the condemnation, but does recommend a city official conduct a walkthrough of the property to determine the city requirements in order to have this property pass occupancy inspections. All offers are highly encouraged to be contingent on city walkthrough requirements.