$1,199,000
For Sale

2 Mine St

Flemington, NJ 08822
5 beds | #3915283
Browse 14 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Last Updated: . Source: GSMLS

Listing Courtesy
Listing Agent: NADEEM QAVI (#282659), Phone: (732) 548-5555
Listing Office: RE/MAX COMPETITIVE EDGE (#284103)

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
$0.00

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    The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
    State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
    IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

    Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.

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