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.
Active
$1,199,000
2 Mine St, Flemington Boro, NJ 08822
5beds
5,933sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$202/sqft
$-- HOA
What's special
- 99 days
- on Zillow |
- 264 |
- 5 |
Zillow last checked: 14 hours ago
Listing updated: January 16, 2025 at 09:23am
Listed by:
Nadeem Qavi 732-548-5555,
Re/Max Competitive Edge
Source: GSMLS,MLS#: 3941815

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4.2
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Baseboard - Electric, Electric
Appliances
- Included: See Remarks
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,933
- Total interior livable area: 5,933 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 4,791.6 Square Feet
- Dimensions: .11
- Features: Level
Details
- Parcel number: 1909000360000000190000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, 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: $22,087
- Date on market: 1/16/2025
- Total actual rent: 7450
- Tenant pays: Electricity, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Water
- Electric utility on property: Yes
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