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.
Active
$1,199,000
2 Mine St UNIT 0, Flemington Boro, NJ 08822
--beds
6baths
5,933sqft
Est.:
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$202/sqft
$-- HOA
What's special
- 99 days
- on Zillow |
- 95 |
- 3 |
Zillow last checked: 15 hours ago
Listing updated: January 16, 2025 at 09:47am
Listed by:
Nadeem Qavi 732-548-5555,
Re/Max Competitive Edge
Source: GSMLS,MLS#: 3941821

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
Heating
- Baseboard - Electric, Electric
Cooling
- None
Features
- Doors: Max Door Height: 0
- Basement: Yes,Partial
Interior area
- Total structure area: 5,933
- Total interior livable area: 5,933 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 4,791.6 Square Feet
- Dimensions: .11
- Features: Level, Business District, Corner, Freestanding
Details
- Parcel number: 1909000360000000190000
- Zoning description: DB
- Other equipment: See Remarks
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Wood, Wood Siding
- Roof: Asphalt Shingle
Condition
- Year built: 0
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Downtown Main St
Location
- Region: Flemington
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $750,000
- Annual tax amount: $22,000
- Date on market: 1/16/2025
- Inclusions: Building & Land
- Ownership type: Fee Simple
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Loading
- Loading