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!
Thank you for requesting a showing of this property. A representative will be in touch with you shortly to confirm the requested showing date and time. Please note that your appointment is not confirmed until someone contacts you.
This calculator is provided for informational purposes by Burrow Services, Inc. Programs, rates and conditions available through Hilltop Mortgage, LLC are subject to change without notice. Rates may be higher or lower depending on your precise situation. Rates will vary depending on individual credit history and underwriting factors, and may also contain points. Call for current pricing with your exact scenario.
Turpin Realtors is powered by Burrow Services, Inc.