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Two-Family Residential Income Property

27 Kent Street Trenton, NJ 08611

27 Kent Street, Trenton, NJ, 08611
$249,999
Pending
For Sale
$249,999
Pending

Well-maintained two-unit home offers separate utility setups for flexible rental and occupancy options.

Property Size1,412 SF
Days on Market49

Property Features for 27 Kent Street

General Information

Standard status
Pending
Size
1,412 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1901
Listing agency Keller Williams Realty
Listed by Janeira Charles · License #2081974
Source Compass
Added: Jun 4 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 8:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty


Investment Insights

Based on property information with market context.

This well-maintained two-family residence includes two separate units, with Unit 1 offering 1–2 bedrooms and 1 bathroom and Unit 2 offering 2 bedrooms and 1 bathroom. Unit 1 is currently rented, while Unit 2 is vacant and ready for new occupancy. Each unit has separate utilities, supporting independent billing and operations.

Located in the Chambersburg section of Trenton in Mercer County, the property is described as being near major highways and close to public transportation. Transportation options referenced in the listing include a bus stop less than 1 mile, commuter lots less than 5 miles, and a metro/subway station 1 to 3 miles, along with an airport less than 10 miles. It is also noted to be near shopping and dining.

The property is positioned for buyers seeking a straightforward rental structure with two self-contained units and separate utilities. Unit 2’s vacant status may be appealing for an owner-occupant who wants the option to live in one unit while renting the other. The home is sold strictly as-is, with the buyer responsible for all inspections and certifications.

Key Highlights

  • Two‑family home with two separate units in the Chambersburg section of Trenton
  • Unit 1 offers 1–2 bedrooms, 1 bath; rented for $1,250
  • Unit 2 offers 2 bedrooms, 1 bath; currently vacant with separate utilities

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.4k $30.00
− Vacancy −$3.2k −$2.25
EGI $39.2k $27.75
− OpEx −$17.6k −$12.49
NOI $21.6k $15.26
1,412 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$356.5K
$311.9K – $415.9K (±1% cap)
NOI $24,952 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$307.9K
$269.4K – $359.2K (±1% cap)
NOI $21,551 @ 7.0% cap · market cap 8.62%
Theoretical Best
Warehouse
$454.3K
$397.5K – $530.0K (±1% cap)
NOI $31,800 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Electrical Service Acupuncture Skin Care Clinic Accounting Firm Locksmith Storage Facility Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained two-unit home offers separate utility setups for flexible rental and occupancy options.
Where is this duplex located?
The property is located at 27 Kent Street Trenton, NJ.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Two‑family home with two separate units in the Chambersburg section of Trenton; Unit 1 offers 1–2 bedrooms, 1 bath; rented for $1,250; Unit 2 offers 2 bedrooms, 1 bath; currently vacant with separate utilities
Contact an agent
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