Description
Rare opportunity in downtown Lawrenceville, NJ to own a historic 4-unit multi-family property in a walkable, highly desirable area. Steps to Starbucks, Lawrenceville Presbyterian Church, The Lawrenceville School, and an array of shops and dining.Property HighlightsFour (4) rental units; all utilities separately meteredOff-street parking with capacity for multiple tenantsHardwood flooring and exposed beams throughout; multiple fireplaces in select unitsFully vacant and readily showable; easy to demonstrate all four unitsProperty being sold strictly “as-isâ€; buyer to perform due diligence and any required rehab and obtain township COInvestment DetailsAppraised in 2025 at $1,000,000 in current condition (appraisal available to serious inquiries)Excellent redevelopment potential with significant upside through renovations and savvy managementPotential Gross Rental Income $9500 montHly/ 114,000 yearlyESTIMATED REHAB 100KARV 1.2
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0BEDS
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0.59ACRES
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0BATHS
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01/2 BATHS
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3,964SQFT
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$221$/SQFT
Description
Rare opportunity in downtown Lawrenceville, NJ to own a historic 4-unit multi-family property in a walkable, highly desirable area. Steps to Starbucks, Lawrenceville Presbyterian Church, The Lawrenceville School, and an array of shops and dining.Property HighlightsFour (4) rental units; all utilities separately meteredOff-street parking with capacity for multiple tenantsHardwood flooring and exposed beams throughout; multiple fireplaces in select unitsFully vacant and readily showable; easy to demonstrate all four unitsProperty being sold strictly “as-isâ€; buyer to perform due diligence and any required rehab and obtain township COInvestment DetailsAppraised in 2025 at $1,000,000 in current condition (appraisal available to serious inquiries)Excellent redevelopment potential with significant upside through renovations and savvy managementPotential Gross Rental Income $9500 montHly/ 114,000 yearlyESTIMATED REHAB 100KARV 1.2
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