2 Mine St Flemington Boro, NJ 08822
Listing Courtesy of: GARDEN STATE MLS / Re/Max Competitive Edge - Contact:  732-548-5555

  2 Mine St Flemington Boro, NJ 08822

Active (45 Days)
$1,199,000
5
BED
6
BATH
5,933
SQFT

Description

Highly Profitable Money Maker. Gross Rental Income: $135,000. Net Income: $103,000. Cap Rate 8.60. In the heart of Flemington Main St amongst cafes & restaurants. Only a block from the County Courthouse & Historic Union Hotel which is been renovated into a 100 room hotel & newly developing upscale townhomes & apartments. Great safe neighborhood seeing tremendous growth year over year. This investment property on the corner of Main St & Mine St consists of 4 Apartments & 2 Storefronts. Tenants pay heat, hot water & sewer. Perfect Opportunity for 1031 Exchange & Investors looking for Cash Flow.

MLS #:
3915283
Taxes
$14,201(2023)
Lot Size
4,792 SQFT
Type
Multifamily
County
Hunterdon County

Listed By

Nadeem Qavi, Re/Max Competitive Edge, Contact: 732-548-5555
Source
GARDEN STATE MLS
Last checked Sep 8 2024 at 2:40 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathrooms: 2
Subdivision
  • Downtown Main St
Lot Information
  • Level Lot
Heating and Cooling
  • Baseboard - Electric
  • None
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Wood
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Public Water, Gas-Natural, Electric
  • Sewer: Public Sewer
  • Fuel: Electric
Parking
  • On-Street Parking
Additional Information: Re/Max Competitive Edge | 732-548-5555
Location
   
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Estimated Monthly Mortgage Payment

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