48 Kensington
New Haven, CT 06511
- 7 beds
- 4 baths
- 3,404 sqft
- 11,761 sqft lot
- $176 per sqft
- 1900 build
- – on site
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 property's proximity to Yale New Haven Hospital's 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 investor's portfolio.
Last checked:
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Last updated Jan 28, 2025
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MLS# 24067971 —
The Building
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Year Built:1900
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Other
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Crawl Space, Access Via Hatch
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Exterior Siding:Vinyl Siding
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Foundation Type:Masonry
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Basement Description:Full, Unfinished, Interior Access
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Exterior Features:Sidewalk
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SqFt Total:3404
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SqFt Est Heated Above Grade:3404
Room Dimensions
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Living Area SqFt Per Public Record:3404
Location
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Directions:GPS Friendly
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Neighborhood:N/A
The Property
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Parcel Number:1255245
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Property Type:Multi-Family For Sale
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Property Subtype:4 Family
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Zoning:RM2
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Acres:0.27
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Acres Source:Public Records
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Lot Description:Treed, Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 313-0700
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:8565
Beds
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Beds Total:7
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heat Type:Hot Air, Hot Water
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Heat Fuel Type:Natural Gas
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
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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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 |
|---|---|---|---|---|
|
1/13/25
Jan 13, 2025
|
Listed / Active | SMART_MLS | $599,900 | 26.3% |
|
2/20/24
Feb 20, 2024
|
SMART_MLS | $475,000 | -4.8% | |
|
12/27/23
Dec 27, 2023
|
SMART_MLS | $499,000 |
