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Listed by Kevin S. Collymore Keller Williams Realty - NJ Metro Group
$ 525,000
Est. payment /mo
Open Sat 2PM-4PM
126 Chestnut ST East Orange, NJ 07018
6 Beds
3 Baths
Open House
Sat May 02, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26014939
Style 2 Family
Bedrooms 6
Full Baths 2
Half Baths 1
Property Sub-Type 2 Family
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.
Location
State NJ
County Essex
Interior
Laundry See Remarks
Nearby Locations