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$3,000,000
79 Days Online

127 Academy St
Trenton, NJ 08608

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
29,948
SqFt
$100
/SqFt
1925
Built
County:
MERCER
Listing courtesy of Segal LaBate Commercial Real Estate

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Building is vacant and will require total reinvention to meet current market condition and long-term investment objective. It’s located within the designated Redevelopment and Opportunity zone. This property is being sold as two properties portfolio, which includes 140 East Hanover Street. But they can be sold separately as needed. BUILDING REQUIRES TOTAL RENOVATION! Investor can benefit from Federal and State Tax credits and available funds to facilitate the redevelopment. The Opportunity Zones program is designed to drive long-term capital investments into rural and urban communities. Investors can defer paying federal taxes on capital gains reinvested in Qualified Opportunity Funds that invest in designated communities, under rules released by the U.S. Department of the Treasury. BUILDING REQUIRES TOTAL RENOVATION!

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Listing Snapshot
Price 
$3,000,000
Days Online 
79 Days
Bedrooms 
N/A
Inside Area (SqFt) 
29,948 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1925
MLS® Number 
NJME2044012
Status 
Active
Property Tax 
$67,082
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen online
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.18
Number Of Stories 
5
Parking Spaces 
8
Sewer 
Public Sewer
SqFt Total 
29948
Style 
Back-to-Back
Interior Features
Heating 
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Exterior Features
Construction Details 
BrickBrick VeneerFrame
Roof 
Asphalt
Community Features
MLS Area 
Trenton City (21111)
School District 
TRENTON PUBLIC SCHOOLS
Schools
School District
TRENTON PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Segal LaBate Commercial Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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