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.
4,791.6 Sq Ft Exterior Space
Multi Family
$22,087 Annual Tax
MLS/Listing ID 3941815
4 Units
Listing Courtesy of RE/MAX COMPETITIVE EDGE, NADEEM QAVI
Source of Data: GARDEN STATE MLS