48 Dixwell
New Haven, CT 06511
- 8 beds
- 4 baths
- 7,854 sqft
- 5,227 sqft lot
- $267 per sqft
- 1910 build
- – on site
Portfolio sale offering a rare investment opportunity at Yale University! Two abutting properties at 48 and 54 Dixwell Avenue, located within a 2-minute walk to Yale's Payne Whitney Gym, a 3-minute walk to Yale's Broadway Shopping District and the Apple Store, and a 4-minute walk to the upcoming Dixwell Plaza - New Haven's newest shopping and entertainment district (see picture). When fully developed consolidated site capable of generating $1 million+ in annual gross income. Opportunity is Ideal for investors seeking high returns, long-term capital appreciation, and an opportunity to engage in ground-up development in one of New Haven's most strategically positioned areas. Serious buyers are required to provide proof of funds (POF) before scheduling property viewings. A fully reconstructed four-story, two-family complex, with a ground-up renovation completed in 2021. Each unit features four bedrooms and two full bathrooms. High-end finishes include walk-in tiled showers, wall-hung toilets, and stainless steel appliances. Top-of-the-line LG Red mini split heating and cooling systems. Two levels white-box finished, offering easy-to-convert space to commercial or additional residential units. 48 Dixwell Phase 1 completed. Currently fully occupied by Yale athletes, generating a gross monthly income of $11,000 and annual net income of $100,000+
Last checked:
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Last updated Jan 28, 2025
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MLS# 24069014 —
The Building
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Year Built:1910
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors
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Roof Information:Flat
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Attic:Yes
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Attic Description:Pull-Down Stairs
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Exterior Siding:Stucco
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Foundation Type:Stone
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Basement Description:Full, Heated, Fully Finished, Cooled, Concrete Floor, Full With Walk-Out
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Exterior Features:Sidewalk, Garden Area, Lighting, Patio
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SqFt Total:7854
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SqFt Description:Public
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SqFt Est Heated Above Grade:5973
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SqFt Est Heated Below Grade:1881
Location
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Directions:GPS
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Neighborhood:N/A
The Property
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Parcel Number:1253378
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Property Type:Multi-Family For Sale
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Property Subtype:2 Family
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Zoning:RM2
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Acres:0.12
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (203) 481-4571
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:16938
Beds
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Beds Total:8
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Showing:No
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Heat Pump
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Heat Fuel Type:Electric
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer In Street
Schools
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Elementary School:Per Board of Ed
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Intermediate School:Per Board of Ed
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Middle Or Jr High School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Nearby Amenities:Basketball Court, Medical Facilities, Private School(s), Public Transportation, Shopping/Mall
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage/Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/22/25
Jan 22, 2025
|
Listed / Active | SMART_MLS | $2,100,000 |
