127 ACADEMY STREETTRENTON, NJ 08608
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$13,687Building 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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