$469,900
For Sale
Browse 18 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Welcome to 150 Main St, a prime commercial property poised for significant growth and opportunity! This well-maintained building features two bustling commercial spaces on the first floor, perfect for retail or office use, providing excellent visibility in a thriving area. Above, the property boasts three spacious one-bedroom, one-bath residential units on the second and third floors, offering additional income. With a full basement equipped with two sets of washers and dryers, tenants will appreciate the convenience of on-site laundry facilities. Currently generating a gross operating income of $75,000 and a net operating income of $37,724, this property presents a remarkable opportunity to increase revenue by bringing residential rents up to market value. The property also has an out building that is not currently being rented and offers 13 off street parking spaces. Located just a block from the county courthouse and the exciting Union Hotel redevelopment project, this property is strategically positioned in a bustling area of Flemington. With ongoing developments and a revitalizing Main Street, now is an exceptional time to invest in this vibrant community. Don't miss out on the potential of 150 Main St your next successful investment awaits!

  • Interior Details
      • FloorsCarpeting, Wood
    • Heating & Cooling
      • Heating SourceGas-Natural
      • Heating1 Unit
  • Property Details
      • Exterior MaterialsBrick/Block
    • Parking
      • Parking Spaces13
  • Construction Details
      • Basement DescriptionFull, Storage
      • Property TypePurchase
      • BasementYes
    • Condition
      • Year Built1890
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Utility FeaturesElectric, Gas-Natural
      • WaterWater Charge Extra
      • ServicesGarbage Included
      • Sewer InformationPublic Sewer
  • Other
      • OwnershipFee Simple
    • Source
      • MLS #3927236

Location

Provident LegacyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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