BEDS6
BATHS2 full 1 partial
MLS#4062487
STATUS
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. 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. 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. 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: Radiators - Steam
Lot Size: 0.07 Acres
Roof Type: Asphalt Shingle
Taxes: $10,692
Year Built: 1920
Feature Descriptions
Days on Site: 5
Driveway: 1 Car Width, Driveway-Exclusive
Lot Dimensions: 0.07 acre(s)
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS - NJ METRO GROUP
Agency Contact: 973-783-7400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,149.62 per month $1,112.78 Principal & Interest $891.00 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
126 Chestnut St | MLS# 4062487
This multi-family property located at 126 Chestnut St, East Orange, NJ 07018 is currently listed for sale with an asking price of $500,000. Search East Orange real estate on www.realtymarkllc.com today.