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$1,500,000
3 Beds ⋅ 3.2 Baths ⋅ 4063266 MLS
This property is located within a qualified Opportunity zone, which is one of Bound Brook's two federally designated tax-incentive zones. Sits at the corner of East Main St and Mountain Ave. making it highly viable for transit-oriented mix use re-development . Real estate listings for this specific corner plot corner plot note that local overlay potential supports vertical development up to six floors, allowing investors to stack local redevelopment bonuses with federal capital gains tax exclusions. Renovated 4 Units mix use building, 3 commercial spaces and 1 large 3 bedrooms 2 full baths apartment. 4 electric meters, new 3 Central air/heat units. Located directly adjacent to the Bound brook train Station with a municipal large parking lot . Close to major highways , shopping centers, schools and more.

198 EA Main Street, Bound Brook Boro

111 John St, Bound Brook Boro
$625,000
4 Beds ⋅ 2 Baths ⋅ 4062389 MLS
LEGAL TWO-FAMILY, EXCELLENT INVESTMENT OPPORTUNITY, CONVENIENT COMMUTER LOCATION! An exceptional opportunity for investors or owner-occupants! This well-maintained, legal two-family home offers the perfect combination of rental income potential, spacious living accommodations, and an ideal location on a quiet, one way street. With a history of consistent occupancy, this property is an attractive addition to any investment portfolio. The first-floor unit features two generously sized bedrooms, a spacious living room, and a large eat-in kitchen with access to the lovely backyard porch. Additional highlights for the 1st floor unit include access to a full basement with laundry facilities. The second-floor unit offers two bedrooms, a spacious kitchen, and access to a finished attic, providing additional flexible space for recreation, additional living space or storage. Outside, enjoy a large, fenced in backyard, covered front and rear porches, and off-street parking. Ideally situated within a short distance of NJ Transit, offering convenient access for commuters, along with nearby shopping, dining, and major roadways. No flood insurance required! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers outstanding versatility and opportunity!

111 John St, Bound Brook Boro

201 W Union Ave, Bound Brook Boro
$775,000
6 Beds ⋅ 3 Baths ⋅ 4062053 MLS
"Exceptional Investment Opportunity in Bound Brook" This handsome 3-family building offers great curb appeal and presents an excellent opportunity for investors looking to maximize rental income. The current owners valued their long-standing relationships with their tenants and as a result, chose not to increase rents over the many years of their tenancy. Consequently, the current rents are significantly below potential market levels, offering a new owner the opportunity to realize increased income. Based on estimated potential rents, the 3 bedroom apartment could command approximately $3200 per month, the 2-bedroom approximately $2800 per month, and the studio apartment approximately $900-$975 per month. A property with 3 separate rental units and all separate utilities except water, makes this a compelling investment to consider. Whether you are an experienced investor expanding your portfolio or looking for a multi-unit property with income potential, this Bound Brook property deserves your attention!!! It is conveniently located near shopping, schools, restaurants, major commuter routes, buses and train station. All appliances are in as is condition! Current tenants are month to month.

201 W Union Ave, Bound Brook Boro

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