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125 Main St

6 Unit Apartment Building $1,199,999 ($200,000/Unit) 8.58% Cap Rate Flemington, NJ 08822

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Investment Highlights

6 Unit Bldg ( 4 Apartment + 2 Storefronts).
Cap Rate 8.60
Tenants pay heat, hot water & sewer.

Highly profitable with Gross Rents $135000 & Net Income $103,000
1 Block from the 100 Room Union Hotel & Courthouse Redevelopment Project.
Located on the Corner of Main St & Mine St, in the heart of Flemington amongst Cafes & Restaurants.

Executive Summary

Highly Profitable 6 Unit Money Maker! Gross Rental Income: $135,000. Net Income: $103,000. Cap Rate 8.60 (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.

Profit & Loss-2 Mine St

Financial Summary (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$1,199,999	Apartment Style	Low Rise
Price Per Unit	$200,000	Building Class	C
Sale Type	Investment	Lot Size	0.07 AC
Cap Rate	8.58%	Building Size	5,933 SF
No. Units	6	No. Stories	3
Property Type	Multifamily	Year Built	1910
Property Subtype	Apartment General Retail Storefront Retail/Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,199,999
Price Per Unit	$200,000
Sale Type	Investment
Cap Rate	8.58%
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.07 AC
Building Size	5,933 SF
No. Stories	3
Year Built	1910
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.