• 220 E Hanover Street TRENTON, NJ 08608

  • $465,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 2500
    Sqft

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 spacious 2 bedroom residence or 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 commercial unit. This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!

Property Type :

Multi-Family

County :

MERCER

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Outside Entrance

Heating & Cooling

Cooling: Window Unit(s)

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1950

Structure: Twin/Semi-Detached

New Construction: No

Total Units: 4

Built: 1950

Construction Material: Brick

Foundation/Basement: Concrete Perimeter

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,500

Lot Size (Acres): 0.06

Architectural Style: Other

Stories Total: 3

Main Square Feet: 2,500

Property Information

SQ ft: 4,151

SQ ft (Living Area): 4,151

Total Lot SQ ft: 2,500

Total Acreage: 0.06

New Construction: No

Type: Other

Listing Information

Possession: Immediate

Days Of Market: 43

Tax Information

Annual Tax: $13,060

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $239,300

Parking Information

Parking Type: On Street

Has Garage: N

Homeowners Association Information

Direction: Head East on E Hanover toward N Montgomery St the destination will be on the left

School Information

School District: TRENTON PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: Head East on E Hanover toward N Montgomery St the destination will be on the left

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9 E State Street , Trenton, NJ,08608 $299,900 -- -- 3,144 846 Sqft
350 South Broad Street .., Trenton, NJ,08608 $109,990 2 1.0 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 20:33

MLS: NJME2040448
LISTED BY: Karla Roman , Weichert Realtors-Princeton Junction
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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