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4- Investment property newly renovated 156 Chestnut Ave 4 Unit Apartment Building $465,000 ($116,250/Unit) Oaklyn, NJ 08107
Executive Summary
Welcome to 156 Chestnut Street, a charming and well-maintained quadplex offering a flexible mix of units: two spacious studios and two one-bedroom apartments. Each one-bedroom enjoys its own private entrance, while the studios are accessed via a shared hallway. Through the walk-through archway, you'll find the entrance to three of the units, providing added privacy. Residents enjoy access to a shared courtyard, perfect for outdoor relaxation or connecting with neighbors. The property is home to long-term tenants with annual leases in place, contributing to a strong cap rate and stable income. Showings are available by scheduled tour only, beginning September 25. Please text the listing agent for details.
Property Facts Under Contract
| Price | $465,000 | Apartment Style | Low-Rise |
| Price Per Unit | $116,250 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,757 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1928/2025 |
| Price | $465,000 |
| Price Per Unit | $116,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.06 AC |
| Building Size | 2,757 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1928/2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 999 |
1 1
Property Taxes
| Parcel Number | 37-00304-0000-00002 | Improvements Assessment | $73,000 |
| Land Assessment | $14,500 | Total Assessment | $87,500 |
Property Taxes
Parcel Number
37-00304-0000-00002
Land Assessment
$14,500
Improvements Assessment
$73,000
Total Assessment
$87,500
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4- Investment property newly renovated | 156 Chestnut Ave
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