by RHP Realty

Check Availability
$465,000
Multifamily - For Sale

220 E Hanover Street

Trenton, NJ 08608
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
3,500 ft²
$139/ft²
$485,000 May 1, 2023
$485,000 Oct 2, 2023
-
Townhouse
3 Beds
3 Baths
2,496 ft²
$188/ft²
$469,990 Oct 17, 2019
$469,990 Mar 27, 2020
$305/mo
Condo
3 Beds
3 Baths
2,269 ft²
$228/ft²
$517,430 Oct 19, 2020
$517,430 Feb 24, 2021
-
Townhouse
3 Beds
3 Baths
-
$453,122 Aug 17, 2020
$453,122 Mar 29, 2021
-
Condo
3 Beds
3 Baths
-
$479,670 Dec 20, 2018
$479,670 Dec 20, 2018
-
Townhouse
3 Beds
3 Baths
2,269 ft²
$193/ft²
$438,122 Sep 15, 2020
$438,122 Mar 23, 2021
$305/mo
Multifamily
Stu
-
-
$435,000 Dec 12, 2023
-
-
Multifamily
Stu
-
-
$500,000 Jan 18, 2024
-
-
Multifamily
Stu
-
-
$499,000 Dec 6, 2023
-
-
Multifamily
Stu
-
-
$410,000 Feb 19, 2024
-
-
Multifamily
Stu
-
2,474 ft²
$166/ft²
$410,000 Mar 8, 2024
-
$787/mo
In Contract
Multifamily
Stu
-
-
$399,999 Oct 11, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200611
06/11/2020
Loft
-
-
$350,000
bedrooms
Loft
bathrooms
-
$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
More about this Building
220 East Hanover Street
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About Hanover Academy


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