2 Mine StFlemington, NJ 08822

For Sale
$1,199,000

5,933 SF Retail Building in Flemington, NJ 08822 (100% Leased)

Overview

Added:
Jan 20
Days on market:
53
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 Details for 2 Mine St

Property type
Retail residential properties, Other retail properties
Square Feet
5,933 SF
Price / Square Foot
$202.09
Year Built
1900
Stories
3
Elevators
N/A
Lot Size (sq. ft)
5,933 SF
Net Operating Income
$96,520

Location Insight

City
Flemington
County
State
New Jersey

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2 Mine St
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