Flemington Boro, NJ 08822 2 Mine St
$1,199,000
13 more
Presented By: RE/MAX COMPETITIVE EDGE; 732-548-5555
- MLS# 3941821
- 01/15/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 6
SQFT • 5,933
Home Details
Highly Profitable 6 Unit Money Maker! Gross Rental Income: $132600. Net Income: $96,600. Cap Rate 8 (P&L Attached). 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.
Presented By: RE/MAX COMPETITIVE EDGE; 732-548-5555
Interior Features for 2 Mine St
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath4
Num Units w/Half Bath2
Half Baths6
Other Interior Features
Price Per Sq Ft210.68
Available Sq Ft5933
Num 3 Bdrm Units0
Num 2 Bdrm Units1
Num 1 Bdrm Units3
BasementPartial
Fuel TypeElectric
Total Stories3
General for 2 Mine St
ConstructionBrick/Block, Wood
CoolingNo Cool
CountyHunterdon
DirectionsCorner of Main St & Mine St
Documents AvailableSee Remarks
DriveNone
EasementUnknown
Equipment AvailableSee Remarks
Garage Spaces
Gross Income132600
HeatingBaseboard - Electric
Leasable Area
LocationBusiness District, Corner, Freestanding
Net Operating Income96600
Num Apts4
Number Of Units Total6
Operating Expense36000
OwnershipFee Simple
PossessionAt Closing
Property TypeApartment Complex, Mixed Use, Store With Apartment
Property TypeMixedUse
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDowntown Main St
Tax Annual Amount22000
Tax Assessed Value750000
Tax Lot19
Tax Year2024
Town #1909
TownshipFlemington Boro
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built0
ZoningDB
Exterior for 2 Mine St
Building Area Total5933
Exterior DescriptionBrick/Block, Wood
Lot Dimensions.11
Lot FeaturesLevel Lot
Lot Size Acres0.11
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
