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 Highlights
Four (4) rental units; all utilities separately metered
Off-street parking with capacity for multiple tenants
Hardwood flooring and exposed beams throughout; multiple fireplaces in select units
Fully vacant and readily showable; easy to demonstrate all four units
Property being sold strictly “as-isâ€; buyer to perform due diligence and any required rehab and obtain township CO
Investment Details
Appraised in 2025 at $1,000,000 in current condition (appraisal available to serious inquiries)
Excellent redevelopment potential with significant upside through renovations and savvy management
Potential Gross Rental Income $9500 montHly/ 114,000 yearly
ESTIMATED REHAB 100K
ARV 1.2