110 days on market
Under Contract
More about this Property

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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

Public Remarks

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.

Map to Property at 48 Kensington Street, New Haven CT 06511


GPS Friendly

Residential Property Information for 48 Kensington Street, New Haven CT 06511

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

Features
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
Utility Information

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

School Information

Elementary: Per Board of Ed

Intermediate: Per Board of Ed

Middle: Per Board of Ed

High School: Per Board of Ed

Marketing History

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

Listing Agent and Broker

List Agent Name: Steve Jones

List Office Name: KW Legacy Partners