Properties

Description

"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.

Features

  • Heating System : Forced Hot Air, Baseboard - Electric, Radiators - Steam, 3 Units
  • Cooling System : Central Air, Wall A/c Unit(s), Window A/c(s)
  • Basement : Full, Unfinished, Bilco-style Door
  • Roof Deck : Asphalt Shingle
  • Parking : 8
  • Parking Description: Crushed Stone, Driveway-Exclusive, Parking Lot-Sha
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extingui
  • Exterior Features: Curbs, Open Porch(es), Sidewalk
  • Lot Description: Corner, Level Lot
  • Tax Assessed Valuation: 587900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS TOWNE SQUARE REAL
  • Office MLS ID: 3789
  • Agent ID: 212353
  • Tax: 12769
  • Tax Year: 2026
  • Application Fee: $0
  • Zoning: OB

Multi-Family For Sale

For Sale
$775,000

201 W Union Ave, Bound Brook Boro, *

  • SQFT 71 Acre
  • Bedroom 6
  • Built Year 1885

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5464634
  • Price: $775,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1885
  • Year Built Description: Approximate
  • Lot Area: 71 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Somerset
  • City Bound Brook Boro
  • Zipcode *
  • Street: W Union Ave
  • Street Number: 201
  • Street Direction: Union Ave. (Rt 28) on the corner of Livingston and
  • Floor Number: 0
  • Longitude: W75° 27' 39.8''
  • Latitude: N40° 34' 2.1''
  • Internet Display Address: No
Property