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$ 1,199,000
Est. payment /mo
New
2 Mine St Flemington Boro, NJ 08822
5 Beds
5 Baths
5,933 SqFt
UPDATED:
01/16/2025 08:23 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,933 sqft
Price per Sqft $202
Subdivision Downtown Main St
MLS Listing ID 3941815
Style 3-Three Story
Bedrooms 5
Full Baths 4
Half Baths 2
Annual Tax Amount $22,087
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Highly Profitable Money Maker. Gross Rental Income: $132,600. Net Income: $96,600. Cap Rate 8. 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.
Location
State NJ
County Hunterdon
Rooms
Basement Partial, Unfinished
Interior
Heating Electric
Cooling None
Heat Source Electric
Exterior
Exterior Feature Brick, Wood
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by RE/MAX COMPETITIVE EDGE