Rare 6 Unit Money Maker. Gross Rental Income $122,400. Cap Rate 7.87 (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. The area is 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.
2352506M
Multi-Family, Business Opportunities, 3+ Story
Hunterdon
0.11
Acres
Public
3
Brick,Wood
Public Sewer
5,933
Sq. Ft.
Yes
Electricity Connected, Natural Gas Connected
Interior Features
- Flooring
- Laminate, Wood
- Cooling
- None
Exterior / Lot Features
- Parking
- Garage.
- Exterior
- Wood, Brick
- Roof
- Asphalt
- Lot Dimensions
- 44X70
- Additional Exterior/Lot Features
- Corner Lot.
Financial Considerations
0900036000000019
$14,374
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