220 E HANOVER ST Under Contract Save Request In-Person Tour Request Virtual Tour
Trenton,NJ 08608
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,151 sqft
Price per Sqft $108
MLS Listing ID NJME2053814
Year Built 1950
Annual Tax Amount $13,881
Tax Year 2024
Lot Size 2,500 Sqft
Property Sub-Type Five Or More Units
Property Description
Four out of five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. Allowing you to convert a 2 bedroom unit to fit your vision.
This convenient location means tenants are just a short stroll from the train station. Owner covers sewage and water, while tenants pay electric and heat separately. All leases have expired, opening the door to bringing rents up to current market rates.
The layout showcases the property's versatility. Unit 1 is a cozy studio. Unit 2 offers 1 bedroom. Unit 3 is a 2 bedroom. Unit 4 provides 1 bedroom. Unit 5 gives you 1 bedroom. And Unit 6? Is the basement allowing you to use/rent for storage.
This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning HIST
Interior
Hot Water Multi-tank
Heating Forced Air
Cooling Window Unit(s)
Exterior
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard