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2 Mine St
Flemington, NJ 08822
Multifamily Property For Sale
·
4 Units


Investment Highlights
- 6 Units: 4 Apartments + 2 Store Fronts
- In the Middle of Flemington Downtown
- Safe, Gentrified Neighborhood.
- Great Corner Location-Amazing Visibility.
- Money Maker: Cap Rate of 8.05
Executive Summary
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.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- On-Site Retail
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 09-00036-0000-00019 | Improvements Assessment | $958,176 CAD |
| Land Assessment | $228,859 CAD | Total Assessment | $1,187,035 CAD |
Property Taxes
Parcel Number
09-00036-0000-00019
Land Assessment
$228,859 CAD
Improvements Assessment
$958,176 CAD
Total Assessment
$1,187,035 CAD
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