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Listed by Kevin S. Collymore Keller Williams Realty - NJ Metro Group
$ 500,000
Est. payment /mo
New
126 Chestnut ST East Orange, NJ 07018
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26041640
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. 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.
Location
State NJ
County Essex
Interior
Laundry See Remarks
