2 Mine St
Flemington Boro, NJ 08822
Price: $1,199,000
GSMLS: 3915283Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 5
Baths: 4 Full & 2 Half
Garage: No
Year Built: Unknown
Acres: 0.11
Property Tax: $14,201
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.
General Info
Style:
3-Three Story
SqFt Building:
5,933
Total Rooms:
18
Basement:
Yes - Partial, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Brick, Wood
Lot Size:
n/a
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
Baseboard - Electric
Heating Fuel:
Electric
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Hunterdon
Town:
Flemington Boro
Neighborhood:
Downtown Main St
Financial Considerations
List Price:
$1,199,000
Tax Amount:
$14,201
Land Assessment:
$150,000
Build. Assessment:
$600,000
Total Assessment:
$750,000
Tax Rate:
2.90
Tax Year:
2023
Listing Information
MLS ID:
3915283
List Date:
07-24-2024
Days On Market:
121
Listing Broker:
RE/MAX COMPETITIVE EDGE
Listing Agent:
Nadeem Qavi
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
