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48 Kensington Street, New Haven CT 06511
Current Price: $599,900
9 beds
5 baths
3404 sq. ft
Last Update: 6/1/2025
Property Type: Multi-Family For Sale
Seize this exceptional investment opportunity in New Haven with a fully occupied 4-unit property strategically located just minutes from downtown, Yale University, major hospitals, highways, and professional medical offices. This propertys proximity to Yale New Haven Hospitals St. Raphael campus and its location in an emerging market make it a prime choice for investors seeking steady returns and future appreciation. With stable, long-term tenants, most residing for over 10 years, this property offers a proven track record of consistent rental income. Tenants enjoy the convenience of being steps from major bus lines and the added benefit of off-street parking at the back of the building, a rare and valuable amenity in this area. The property is designed for efficiency and profitability, with separate gas and electric meters for each unit. Recent updates include a fully remodeled first-floor front unit with fresh paint, refinished hardwood floors, new vinyl plank flooring in the kitchen and bathroom, a new refrigerator, range, and private in-unit washer/dryer connections. Additional improvements include two new living room windows and a new water heater. Take advantage of ongoing infrastructure changes and increased demand in this thriving area. With its unbeatable location and strong potential for long-term appreciation and rent growth, 48 Kensington St is the perfect addition to any investors portfolio.
GPS Friendly
MLS #: 24067971
Style: Other
Color: Blue
Total Rooms:
Bedrooms: 9
Bathrooms: 5
Acres: 0.27
Year Built: 1900 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $8,565
Zoning: RM2
Mil Rate:
Assessed Value: $222,460
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 3404; below grade sq feet total is ; total sq ft is 3404
Fireplaces: | 0 |
Basement Desc.: | Full,Unfinished,Interior Access |
Exterior Siding: | Vinyl Siding |
Exterior Features: | Sidewalk |
Foundation: | Masonry |
Roof: | Asphalt Shingle |
Garage/Parking Type: | None |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Treed,Level Lot |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Hot Air,Hot Water.
Cooling: None
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate: Per Board of Ed
Middle: Per Board of Ed
High School: Per Board of Ed
Current List Price: $599,900
Original List Price: $599,900
DOM: 110
Listing Date: 1/13/2025
Last Updated: 5/8/2025 3:32:23 PM
List Agent Name: Steve Jones
List Office Name: KW Legacy Partners