New Haven, CT 06511,48 Kensington Street
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New Haven, CT 06511,48 Kensington Street
New Haven, CT 06511,48 Kensington Street
New Haven, CT 06511,48 Kensington Street
New Haven, CT 06511,48 Kensington Street
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$ 599,900
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48 Kensington Street New Haven, CT 06511

9 Beds

5 Baths

3,404 SqFt


UPDATED:

02/23/2025 03:10 AM

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


Listed by Steve Jones • KW Legacy Partners
agent

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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48 Kensington Street