3 Units ! Investor-friendly mixed-use property at 410 E Main Street in Bound Brook! Ideally located just steps from the Bound Brook train station, this property offers strong rental demand and excellent commuter convenience. The first floor features a retail storefront with a long-term 10-year lease, providing stable income. The second floor includes two residential units with reliable, long-term tenants who consistently pay on time. Total current rent is $6,290/month, with significant UPSIDE potential. Bound Brook has NO rent control, making this a highly attractive opportunity for investors. Current rents are substantially below market value due to strong long-term tenants. With strategic updates and repositioning, the next owner can bring rents to market levels and maximize returns. The third floor with potential to convert into one or two additional units subject to zoning approval. Buyer to perform all due diligence. NO FLOOD INSURANCE REQUIRED. Property is being sold in as-is condition; seller will address major structural or safety issues only. A rare value-add investment combining stable cash flow today with excellent long-term growth potential!
79 days
|
351
|
10
|
Zillow last checked:
Listing updated:
Listed by:
Jasmine Tsui201-920-5825,
Weichert Realtors
Source: GSMLS,MLS#: 4022865
Loading...
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2
Heating
Baseboard - Hotwater, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
See Remarks, Eat-In Kitchen, Kitchen, Living Room
Basement: Yes,Walk-Out Access
Has fireplace: No
Interior area
Total structure area: 4,900
Total interior livable area: 4,900 sqft
Property
Parking
Parking features: Off Street
Features
Levels: 3-Three Story
Stories: 3
Lot
Size: 3,049 Square Feet
Dimensions: 30 x 100
Details
Parcel number: 2704000010000000580000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Stone
Roof: Flat
Condition
Year built: 1920
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.