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Key Details
Sold Price $879,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $203
Municipality Bound Brook (BOU)
MLS Listing ID 22401781
Sold Date 04/05/24
Bedrooms 12
Full Baths 4
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1900
Annual Tax Amount $14,044
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50 x 115
Property Description
Incredible Investment Opportunity. Nestled in the borough of Bound Brook, this exceptional 4-family, multi-family home stands as a prime investment in the sought-after Somerset County. Each unit offers a comfortable living experience, making this property an attractive option for investors. Each unit comprises 3 generously-sized bedrooms, providing ample space for residents. Enjoy the convenience of an eat-in kitchen and a welcoming living room in each unit, perfect for both relaxation and entertainment. Downstairs units (2) are equipped with forced heat, while the upstairs units (2) feature hot water baseboard heating. A notable feature of this property is the private driveway to the rear, creating a designated parking lot with abundant space for residents and guests. Each of the 4 units is equipped with separate electric, gas, and water meters, allowing for personalized utility management. Each unit has its own hot water heater and furnace.Take advantage of the secured income stream with rentals already in place for all 4 units, providing immediate returns on investment.
Situated right off Main St, this property enjoys close proximity to shops and restaurants, offering residents a vibrant local atmosphere. Conveniently located with quick access to local and major highways, making commuting a breeze.
Whether you're an experienced investor or entering the real estate market, this 4-family multi-family home in Bound Brook promises a harmonious blend of comfort, convenience, and financial potential. Schedule a viewing today to witness the exceptional value this property offers!
Location
State NJ
County Somerset
Area None
Direction Mains St. to Church St.
Rooms
Basement Walk-Out Access, Full, Tenant Storage, Shared Storage
Interior
Interior Features Balcony
Heating Forced Air, Baseboard
Cooling Multi Units
Exterior
Exterior Feature Deck, Fence
Garage Open, Common, None
Waterfront No
Roof Type Shingle
Parking Type Open, Common, None
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Deck,Fence
New Construction No
Schools
Elementary Schools Lafayette
High Schools Bound Brook
Others
Senior Community No
Tax ID 04-00007-0000-00026
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Bought with Realty One Group Central
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