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126 Chestnut Street, East Orange, NJ 07018

$525,000
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Active
BEDS6 BATHS2 full 1 partial MLS#26014939
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional 2-family investment opportunity in East Orange with strong income and value-add potential. The first-floor unit features 2 bedrooms, 1 full bath, and beautiful hardwood flooring throughout, with the flexibility to easily convert into a 3-bedroom layout. The second unit spans the 2nd and 3rd floors, currently configured as a spacious 4 bedroom, 1 bath, 1 office with the potential to expand into a 5 bedroom unit ideal for maximizing rental income. Additional highlights include a full unfinished basement with an existing bathroom, offering further expansion possibilities. Separate utilities provide convenience for both owner-occupants and investors. The property also features a private backyard and an extended driveway for ample off-street parking. Conveniently located near transportation, shopping, and schools, this property is perfectly positioned for both commuters and tenants. Whether you're looking to live in one unit and rent the other or fully capitalize on its income potential, this is a rare opportunity with significant upside.

126 Chestnut Street | MLS# 26014939

This multi-family property located at 126 Chestnut Street, East Orange, NJ 07018 is currently listed for sale with an asking price of $525,000. Search East Orange real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $10,692

Feature Descriptions

Days on Site: 66
Laundry: See Remarks
Number of Rooms: 12
Utilities: SEPERATE Elec

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty - NJ Metro Group
Agency Phone: 973-783-7400

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 2,212.55 per month $1,168.42 Principal & Interest $891.00 Property Tax $153.13 Homeowner's Insurance

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