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!
Listed By
Agency Name: WEICHERT REALTORS
Agency Contact: 201-920-5825
Shown By
Agent Name: Rich & Lisa Small
Agent Phone: (484) 388-9259
Agency Title: RealtyMark
Estimated Payment
$ 3,536.37 per month $2,103.16 Principal & Interest $1,157.58 Property Tax $275.63 Homeowner's Insurance
410 E Main St | MLS# 4022865
This multi-family property located at 410 E Main St, Bound Brook, NJ 08805 is currently listed for sale with an asking price of $945,000. Search Bound Brook real estate on www.richsmallteam.net today.