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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $1,199,999 -4% | $202 | RE/MAX COMPETITIVE EDGE | |
Listed For Sale | $1,250,000 | $211 | RE/MAX COMPETITIVE EDGE |
Middle School Reading - Fleming Intermed | 0.3 miles away | 05 - 06 | |
High School Central | 0.8 miles away | 10 - 12 | |
High School Hunterdon Central High | 0.8 miles away | 09 - 12 |