$465,000
●
Multifamily -
For Sale
220 E Hanover Street
Trenton, NJ 08608
Studio
0 Bath
$3,372
Estimated Monthly
$0
HOA / Fees
About This Property
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!
Unit Size
-
Days on Market
51 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,088
HOA Dues
-
Year Built
1950
Last updated: 2 months ago (CJMLS #)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 7, 2024 | Listed by WEICHERT CO REALTORS | $465,000 | |
Listed by WEICHERT CO REALTORS | |||
Jun 4, 2021 | Sold | $230,000 | |
Sold | |||
Jul 7, 2017 | Sold to Mohamed Dandash | $200,000 | |
Sold to Mohamed Dandash |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
3
Beds
4
Baths
3,500 ft²
$139/ft²
$485,000
May 1, 2023
$485,000
Oct 2, 2023
-
Sold
Townhouse
3
Beds
3
Baths
2,496 ft²
$188/ft²
$469,990
Oct 17, 2019
$469,990
Mar 27, 2020
$305/mo
Sold
Condo
3
Beds
3
Baths
2,269 ft²
$228/ft²
$517,430
Oct 19, 2020
$517,430
Feb 24, 2021
-
Sold
Townhouse
3
Beds
3
Baths
2,269 ft²
$193/ft²
$438,122
Sep 15, 2020
$438,122
Mar 23, 2021
$305/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/11/2020
|
|
Loft
|
-
|
-
|
$350,000
Loft
-
|
$230,000
-34.29%
06/04/2021
|
-
|
Michael Jarvis
NextHome Essential Realty
|
Building Info
220 East Hanover Street
220 East Hanover Street, Trenton, NJ 08608
- 3 Units for Sale