Two-Family Residential Income
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
(609) 556-3155
Listed by
Janeira Charles · License #2081974
(609) 556-3155
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.
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
NOI $24,952 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$307.9K
$269.4K – $359.2K
NOI $21,551 @ 7.0% cap · market cap 8.62%
Theoretical Best
Warehouse
$454.3K
$397.5K – $530.0K
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
Similar For Sale Nearby
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