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MLS: #NJME2080124, Listed By: Carol Terrell, Keller Williams - Main Street, Source:Bright MLS

62 Kelsey Avenue

TRENTON, NJ 08618
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Bed 3

Bed

Bath 1

Bath

SqFt1,291

Sqft

Acres0.05

Acre(Lot)

Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $15,856.64 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mo rtgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

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Detail Ic Property Details

Property Type : Residential

Price : $215,000

AD Id : 87611861

MLS Id : NJME2080124

Beds : 3

Lot Size : 0.05 Acre

Living Area Size : 1,291

Year Built : 1800

County : MERCER

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6 Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Has Cooling: Yes Cooling: None, Gas

  • Building Information

    Year Built: 1800 Building Area Total: 1291 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 16.50 x 121.00 Lot Size Acres: 0.05 Lot Size Source: Estimated Lot Size Square Feet: 2178

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 3103 Property SubType: Townhouse Levels: Two Property Age: 226

  • Listing Price Information

    Listing Price: $215000

  • Tax Information

    Parcel Number: 11-33304-00025 Tax Lot: 00025 Tax Year: 2025 Annual Tax: $2939

  • Parking Information

    On Street

  • Location Information

    Direction: From I-295, take Exit 60A to Route 129 North. Continue toward North Trenton, then follow local streets to Kelsey Avenue. Property offers convenient access to Routes 1, 29, 129, and I-295, with downtown Trenton, shopping, and public transportation just minutes away. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
521 Mrtn King Jr, Trenton, NJ, 08618 $188,000 4 1 816 816 SqFt
112 Old Rose Street St, Trenton, NJ, 08618 $175,000 4 1 972 972 SqFt
613 N Willow Street, Trenton, NJ, 08618 $225,000 3 2 1,291 1,291 SqFt
43 Wayne Avenue, Trenton, NJ, 08618 $279,900 4 1 1,278 1,278 SqFt
333 N Willow Street, Trenton, NJ, 08618 $265,000 3 2 1,417 1,417 SqFt
43 Wilkinson Place, Trenton, NJ, 08618 $225,000 3 1 1,198 1,198 SqFt
284 Bellevue Avenue, Trenton, NJ, 08618 $275,000 6 1 2,182 2,182 SqFt
304 W State Street, Trenton, NJ, 08618 $330,000 4 3 2,590 2,590 SqFt
323 Rutherford Avenue, Trenton, NJ, 08618 $249,000 4 2 1,268 1,268 SqFt
31 Alden Avenue, Trenton, NJ, 08618 $200,000 4 1 1,245 1,245 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/05/2026 @ 06:35

MLS: NJME2080124 LISTED BY: Carol Terrell, Keller Williams - Main Street 856-858-2200 SOURCE: Bright MLS

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