About 220 E Hanover St
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!
Features of 220 E Hanover St
MLS® # | NJME2041764 |
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Price | $465,000 |
Bathrooms | 0.00 |
Square Footage | 4,151 |
Acres | 0.06 |
Year Built | 1950 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 220 E Hanover St |
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Area | Trenton City (21111) |
City | TRENTON |
County | MERCER-NJ |
State | NJ |
Zip Code | 08608 |
Amenities
Is Waterfront | No |
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Interior
Heating | Forced Air |
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Cooling | Window Unit(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 3 |
Exterior
Exterior | Frame, Brick and Siding |
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Foundation | Concrete Perimeter |
School Information
District | TRENTON PUBLIC SCHOOLS |
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Additional Information
Date Listed | April 11th, 2024 |
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Days on Market | 35 |
Zoning | HIST |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Listing Agent | Karla Roman |
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Listing Office | Weichert Realtors-Princeton Junction |
Listing Office Phone | 6097993500 |