220 E HANOVER ST Active

Trenton,NJ 08608

$ 450000

- Bed

- Bath

4151 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,151 sqft

Price per Sqft $108

MLS Listing ID NJME2053814

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $13,881

Tax Year 2024

Lot Size 2,500 Sqft

Acres 0.06

Lot Dimensions 25.00 x 100.00

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)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-00604-00014

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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