220 E Hanover St, Trenton, Nj

$465,000

Price

4,151 sqft

Building Size

1950

Year Built

Overview
Building Size
4,151 sqft
Year Built
1950
Price Per Sqft
$112.02
Zoning
HIST
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!

Highlights
  • Days on Market: 22
  • Heating: Forced Air

Location
Gallery