Property

Trenton, NJ 08608 220 E Hanover Street

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Presented By: Weichert Realtors-Princeton Junction
  • MLS# NJME2040448
  • 03/07/2024
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  • Beds • 5

Home Details

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!
Presented By: Weichert Realtors-Princeton Junction

Interior Features for 220 E Hanover Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementOutside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Street SuffixSTREET
Total Stories3

General for 220 E Hanover Street

AccessibilityNone
Architectural StyleOther
Buyer Agent Compensation3
Buyer Agent Compensation Type% Of Gross
CityTRENTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyMERCER
Days on Market55
DirectionsHead East on E Hanover toward N Montgomery St the destination will be on the left
ExclusionsTenants belongings
Garage Y/NNo
HeatingForced Air
Lease TypeMonth to Month
Lot Size Square Feet2500.00
MLS AreaTrenton City (21111)
ModificationTimestamp2024-04-29T18:50:49
MunicipalityTRENTON CITY
New ConstructionNo
Number of Units Leased5
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Percent OwnershipFee Simple
Pool Y/NNo Pool
PossessionImmediate
Price Per Sq Ft112.02
Property SubTypeOther
Property TypeMulti-Family
Rent Control Y/NNo
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Street NameHANOVER
Structure TypeTwin/Semi-Detached
Tax Annual Amount13060.0
Tax Assessed Value239300.0
Tax Lot00014
Tax Year2022
Total SQFT4151
Total Units4
TransportationBus Stop less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningHIST

Exterior for 220 E Hanover Street

Foundation DetailsConcrete Perimeter
Land Use Code
Lot Size Acres0.06
Lot Size SourceEstimated
Lot Size UnitsSquare Feet
Navigable Water Y/NNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Chris Correira

Loan Officer
Price $465,000
MLS#NJME2040448
List Date 03/07/2024
Property Type Multi-Family
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