Residential Income in East Orange

$569,000

31 Chestnut, 07018, East Orange, NJ

UNDER OFFER

Residential Income for sale in East Orange, 31 Chestnut, 07018

31 Chestnut, 07018, East Orange, NJ

$569,000

6Bed
3Bath
Type: Residential Income

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.

Location

31 Chestnut, 07018, East Orange, NJ

Data

Object TypeResidential Income
Purchase Price$569,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms15

Energy Information

No energy information available

Contact Agent

Listing Agent