Highly Profitable 6 Unit Money Maker! Gross Rental Income: $132600. Net Income: $96,600. Cap Rate 8 (P&L Attached). 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.
Details
MLS#: 3941821 Price: $1,199,000
Sq Ft: 5933
County: Hunterdon Subdivision: Downtown Main St Tax Fee: 22000
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Garden State MLS, LLC
Last updated: 2025-01-16T17:47:32.000-05:00. Privacy Policy