$1,199,000

2 Mine St, Flemington Boro, NJ 08822

  • 5 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
RE/MAX COMPETITIVE EDGE : 732-548-5555
MLS ID:
3941815
  • Basement: PartialUnfinished
  • A/C: None
  • Heating: Baseboard - ElectricElectric

This listing courtesy of RE/MAX COMPETITIVE EDGE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Reading-Fleming Intermediate School

50 Court St, Flemington, NJ, 08822

Grades 5-6

0.30 miles away

J

J. P. Case Middle School

301 Case Blvd, Flemington, NJ, 08822

Grades 7-8

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.