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$945,000
Est. payment /mo
6 Beds
2 Baths
4,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $192
MLS Listing ID 4022865
Style 3-Three Story
Bedrooms 6
Full Baths 2
Year Built 1920
Annual Tax Amount $13,891
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
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!
Location
State NJ
County Somerset
Rooms
Basement Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Stone
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by WEICHERT REALTORS
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