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220 E Hanover Street,  Trenton NJ, 08608

(Active)
$465,000
|
4,151 sqft
|
MLS# NJME2041764
Last Updated: 4/29/2024 1:30 PM
Description for 220 E Hanover Street Trenton, NJ 08608
Five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. An additional unit awaits your vision - convert to a 2 bedroom residence only needs an egress window or use as a bustling commercial space, as zoning allows.This convenient location means tenants are just a short stroll from the train station. The 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? That's up to you - maximize it as a 2 bedroom apartment or keep as a commercial unit.This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!
Price
$465,000
MERCER
4,151 (approx)
NJME2041764
Active
Description
Five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. An additional unit awaits your vision - convert to a 2 bedroom residence only needs an egress window or use as a bustling commercial space, as zoning allows.This convenient location means tenants are just a short stroll from the train station. The 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? That's up to you - maximize it as a 2 bedroom apartment or keep as a commercial unit.This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!
Listing Information
Property Type: Mixed Use, Business Opportunities, 3+ Story
0.06 Acres 4,151 (approx) 1950
3 Brick,Frame
Public
Public Sewer
5 Total
Neighborhood
Room Information
Interior Features
Window Unit(s)
Gas Heat, Forced Air
Exterior / Lot Features
On Street
Brick, Frame
25.00 x 100.00
Driving Directions
Head East on E Hanover toward N Montgomery St the destination will be on the left
Financial Considerations
11-00604-00014
$13,321
Listing Price History

Trenton Real Estate

Trenton is located in New Jersey. Trenton, New Jersey 08608 has a population of 85,806.

The median household income for the surrounding county is $83,234 compared to the national median of $66,222. The median age of people living in Trenton 08608 is 40 years.

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Courtesy: Weichert Realtors-Princeton Junction
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/29/2024 1:30 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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