31 Chestnut St
Listing Notes
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.
Price in context
Cheaper than 54% of the 24 homes listed nearby right now, which run $359,000 to $775,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 79 Chestnut St | $359,000 | 4 bd · 1 ba |
| 43 Rhode Island Ave | $399,000 | 3 bd · 1 ba |
| 132 Eppirt St | $449,999 | 4 bd · 3 ba |
| 55 New St | $450,000 | 6 bd · 2 ba |
| 12 Birchwood Ave | $459,900 | 4 bd · 3 ba |
| 241 Halsted St | $499,000 | 6 bd · 3 ba |
| 395-99 Dr Mlk Jr Blvd | $500,000 | — |
| 268 Halsted St | $520,000 | 6 bd · 4 ba |
| 126 Chestnut St | $525,000 | 6 bd · 3 ba |
| 80 N Oraton Pkwy | $529,900 | 5 bd · 2 ba |
| 118 Lenox Ave | $529,999 | 8 bd · 4 ba |
| 100 N Munn Ave | $599,999 | 6 bd · 3 ba |
| 130 Shepard Ave | $619,000 | 5 bd · 2 ba |
| 2 Hawthorne Pl | $675,000 | 7 bd · 3 ba |
| 234 Halsted St | $684,900 | 7 bd · 4 ba |
| 76 Amherst St | $699,000 | 6 bd · 4 ba |
| 243 S Clinton St | $699,000 | 8 bd · 3 ba |
| 52 Amherst St | $710,000 | 9 bd · 3 ba |
| 130 Elmwood Ave | $710,000 | Studio · 2 ba |
| 95 Beech St | $715,000 | 5 bd · 4 ba |
| 227 Amherst St | $740,000 | 7 bd · 4 ba |
| 165 S Clinton St | $749,000 | 7 bd · 5 ba |
| 233 S Clinton St | $750,000 | 7 bd · 5 ba |
| 162 S Clinton St | $775,000 | 6 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
OpenRealtor, a RealtyLens company. Listing facts are drawn from public feeds and enriched with NYC public records. This is not the original listing site.