Larry Levin, Realtor

31 Chestnut St, East Orange, NJ 07018

$569,000
  • 31 Chestnut St, East Orange, NJ 07018 Main Photo

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New to the Market Active
BEDS6 BATHS3 full MLS#4016907
STATUS PROPERTY TYPEMulti Unit - Multiple

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.

31 Chestnut St | MLS# 4016907

This multi-family property located at 31 Chestnut St, East Orange, NJ 07018 is currently listed for sale with an asking price of $569,000. Search East Orange real estate on www.livelovephilly.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Garage: 1
Heating: Radiators - Hot Water
Lot Size: 0.25 Acres
Roof Type: Asphalt Shingle
Taxes: $12,364
Year Built: 1925

Amenities

Blinds
Open Porch(es)

Feature Descriptions

Days on Site: 6
Exterior: Metal Siding
Lot Dimensions: 0.25 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: EXP REALTY, LLC
Agency Contact: 866-201-6210

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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Estimated Payment

$ 2,462.64 per month $1,266.35 Principal & Interest $1,030.33 Property Tax $165.96 Homeowner's Insurance

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