220 E Hanover St, Trenton, Nj
$465,000
Price
4,151 sqft
Building Size
1950
Year Built
Overview
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
Listing ID: 802985025550