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-is"; 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
|
DAYS ON MARKET
|
7
|
LAST UPDATED
|
1/29/2026
|
|
YEAR BUILT
|
1750
|
COMMUNITY
|
Lawrence Twp (21107)
|
|
COUNTY
|
MERCER
|
STATUS
|
Conditional
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| School District |
LAWRENCE TOWNSHIP PUBLIC SCHOOLS |
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| AREA |
Lawrence Twp (21107) |
| CONSTRUCTION |
Frame |
| HEAT |
Baseboard, Natural Gas, Oil |
| LOT |
0.59 acre(s) |
| LOT DIMENSIONS |
125.00 x 206.00 |
| PARKING |
Parking Lot |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STYLE |
Colonial |
| TAXES |
14540 |
| UTILITIES |
Natural Gas Available |
| WATER |
Public |
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