220 E HANOVER ST
TRENTON, NJ 08608

$465,000

0 Beds

0 Baths

4,151 Sq Ft

Status Active

MLS# 2409647R

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!

Details for 220 E HANOVER ST

Built in 1950

$112 / Sq Ft

0 parking spaces

See Remarks,A/C Window Unit(s)

Forced Air, Hot Water

74 Days on website

0.0574 acres lot

Interior

Appliances

Water Heater(gas), Water Heater

Flooring

Interior Features

Unit 1(kitchen,1 Bath,living Room), Unit 2(1 Bedroom,dining Room,kitchen,1 Bath,living Room), Unit 3(dining Room,2 Bedrooms,kitchen,1 Bath,living Room), Unit 4(1 Bedroom,kitchen,1 Bath,living Room)

Living Area

4,151 SqFt.

Hoa Features

Association Fee Includes

Building And Construction

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1950

Exterior And Lot

Exterior Features

Lot Size Acres

0.0574

Lot Size Square Feet

2500

Parking Features

Utilities

Cooling

See Remarks,a/C Window Unit(s)

Heating

Forced Air, Hot Water

Area And Schools

City

Trenton

County Or Parish

Mercer

Financial Info

Tax Annual Amount

$13,060.00

Tax Year

2022