$615,000
$599,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1,811 SqFt
SOLD DATE : 09/09/2024
Key Details
Sold Price $615,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,811 sqft
Price per Sqft $339
MLS Listing ID NJSO2003406
Sold Date 09/09/24
Style Colonial
Abv Grd Liv Area 1,811
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $10,369
Tax Year 2022
Lot Size 4,830 Sqft
Acres 0.11
Lot Dimensions 46.00 x 105.00
Property Description
Welcome to this income producing 2-family home on a corner lot in the heart of Bound Brook. Currently $58,800 in Gross Income with Leases in Place! Walk up to a well manicured front landscape and into the downstairs unit with a very large 1 one bedroom unit with newer carpet and laminate flooring, sun porch, washer/dryer(new) in unit, access to the basement, and renovated bathroom. Tenant is currently paying $2,350 per month with a lease ending on 6/30/2025. Upstairs apartment has 2 bedrooms and 1 full renovated bathroom with newer carpet and bamboo flooring. There is also a washer/dryer in unit. Tenant is paying $2,550 per month with a lease ending on 6/30/2025. New Roof, Siding, Soffits, Gutter, Insulation, & Stairs & Windows in Basement all done in 2020. Hot Water Heater replaced in 2023. Boiler replaced in 2015. There is also tons of storage throughout. Solar panels are leased and approximately $161/month. Gas/Electric are separately metered. There is a 4-car driveway so each tenant has 2 parking spots. No Flood Zone. Home is in close proximity to train station, shoppings, restaurants, & schools. Great Investment Opportunity!
Location
State NJ
County Somerset
Area Bound Brook Boro (21804)
Zoning RES
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
Roof Type Asphalt,Shingle
Accessibility None
Parking Type Driveway, On Street
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Bound Brook
School District Bound Brook Borough Public Schools
Others
Tax ID 04-00049-00005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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