48 Kensington Street Active Save Request In-Person Tour Request Virtual Tour
New Haven,CT 06511
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,404 sqft
Price per Sqft $176
MLS Listing ID 24067971
Style Other
Bedrooms 9
Full Baths 4
Half Baths 1
Year Built 1900
Annual Tax Amount $8,565
Lot Size 0.270 Acres
Property Sub-Type 4 Family
Property Description
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.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full,Unfinished,Interior Access
Interior
Heating Hot Air,Hot Water
Cooling None
Exterior
Exterior Feature Sidewalk
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Treed,Level Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed