126 Chestnut St, East Orange City, NJ 07018

$510,000
6
BD
2.1
BA

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List Price
$510,000
Price Change
▼ $15,000 1784136247
MLS#
4023521
Dom
79
Year Built
1920
Status
ACTIVE
County
Essex
City
East Orange City
Bedrooms
6
Bathrooms
2.1
Baths Full
2
Baths Half
1
Acres
0.07

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. 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. 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. 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.

Additional Information

Taxes
$10,692
Cooling
Window A/C(s)
Exterior
See Remarks
Heating
Radiators - Steam
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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Listing Courtesy Of KELLER WILLIAMS - NJ METRO GROUP, Contact: 973-783-7400

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