2 Mine St
Flemington, NJ 08822
5 beds | #3915283
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.
Interior Details
- HeatingBaseboard - Electric
- Heating SourceElectric
Beds & Baths
- Bedrooms5
Property Details
- Exterior MaterialsBrick, Wood
Parking
- Parking FeaturesOn-Street Parking
Construction Details
- Basement DescriptionPartial, Unfinished
- Property TypeMulti-Family
- BasementYes
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- Utility FeaturesElectric, Gas-Natural
- Sewer InformationPublic Sewer
- WaterPublic Water
Community and Neighborhood Details
- SubdivisionDowntown Main St
Other
- MLS #3915283
Location
Legal
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: NADEEM QAVI (#282659), Phone: (732) 548-5555
Listing Office: RE/MAX COMPETITIVE EDGE (#284103)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.