2 Mine Street
$1,199,000
5
4
2
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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...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.
- Listed by NADEEM QAVI • RE/MAX COMPETITIVE EDGE
Property Details for 2 Mine Street
Directions
Corner of Main St & Mine St
Days On Market3
Section/Subdiv/DevelopmentDowntown Main St
LISTING UPDATED: 07/27/2024 10:21 AM
Property Details for 2 Mine Street
Status | Active |
---|---|
MLS # | 3915283 |
Days on Market | 122 |
Taxes | $14,201 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | - |
Lot Size | 0.11 AC / 4,791 SF |
County | Hunterdon County |
Building Information for 2 Mine Street
Stories-Residences4Year Built-Building Size-Lot Size0.11 AC / 4,791 SF
Property Information for 2 Mine Street
Property History for 2 Mine Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2 Mine Street
Taxable ValueLand$150,000Additions$600,000Total$750,000
Tax Record2023$14,201 ($1,183 / month)
Home Facts
Total Finished SqFt5,933 SqFtAbove Grade Finished SqFt5,933 SqFtStories3Lot Size4,792 SqFtStyleMiscellaneous CommercialZoningDBCountyHUNTERDONAPN09 00036-0000-00019
Schools near 2 Mine Street
This home is within Flemington-Raritan Regional School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Robert Hunter Elementary School PublicK to 4 | ||
Reading-Fleming Intermediate School Public5 to 6 | ||
J P Case Middle School Public7 to 8 | ||
Hunterdon Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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