NJ
Essex
East Orange City
07018
31 Chestnut St
31 Chestnut St, East Orange City, NJ 07018
Share Listing
Listing Type
Multi Family
Listing Status
Pending
32
$569,000

Home Details for 31 Chestnut St

Price
$569,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Year built
1925
Lot size acres
0.25
County
Essex
Total rooms
15
Garage
1
Basement
Full, Unfinished
Days on site
69
MLS Listing#
4016907
Property Description

Don't miss this opportunity to own a 3-unit multifamily property, each unit featuring 2 bedrooms and 1 full bathroom, along with separate entrances and proper egress for all units ideal for both investors and owner-occupants. This property offers a functional layout and solid income potential, complemented by separate utilities, allowing for efficient management and expense control. A major highlight is the expansive parking area, providing ample off-street parking for multiple vehicles a rare and valuable feature for tenants and owners alike. Perfect for those looking to house hack or expand their investment portfolio. Live in one unit while generating rental income from the others, or lease all three for maximum return. With the right strategy, this property presents an excellent opportunity to increase rents, build equity, and maximize cash flow over time. This property is ideal for house hackers, buy-and-hold investors, and those looking to scale a multifamily portfolio. Flexible use, strong fundamentals, and long-term upside make it a property worth exploring.

Property Features
  • Heating Information
    • Hot Water
    • Radiant
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
  • Parking
    • Detached
Listing Courtesy: EXP REALTY, LLC - 866-201-6210
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EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Office
973 746 4777
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