$599,900

48 Kensington St New Haven, CT 06511

$7,124
Closing credit¹
9 beds
4 full, 1 partial
3,404 sqft
0.3 acres
$176 / sqft
Multi-Family

Property details

About 48 Kensington St

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.

Highlights

Home typeMulti Family
HeatingForced Air, Hot Water
StatusActive
Size3,404 sqft
BasementYes
Lot size0.27 Acres
Year built1900
MLS #24067971
ViewTrees/Woods

Summary

  • MLS Number: 24067971
  • Office Name: KW Legacy Partners
  • Office Phone: (860) 313-0700
  • Office Email: steve@myrisepartners.com
  • Listing Agent: Steve Jones

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$599,900

48 Kensington St

$7,124

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 28, 2024
Home Sold
$475,000
Jun 20, 2011
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2024$222,460$8,565
2022$222,460$8,843
2021$125,160$5,492
2020$125,160$5,492
2019$125,160$5,379

History based on county public records data.

Nearby schools

4

Lincoln - Bassett Community School

Public District PK-6

1.4 mi

130 Bassett St

5

Barack H. Obama Magnet University School

Public Magnet PK-4

1.4 mi

69 Farnham Ave

6

Forest Elementary School

Public District KG-4

1.8 mi

95 Burwell Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,764. Most New Haven, CT residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

53%
<35k
38%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
30%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • UFCUFC
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Burger KingBurger King
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 48 Kensington St in New Haven, CT and zip code 06511 in the Dwight neighborhood. This 3,404 square foot home, which was built in 1900, sits on a 0.27 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $599,900.

New Haven, CT housing market in February 2025 saw over 23 listings sold above listed price, more than 5 sold at listed price and over 21 sold below. The number of homes for sale in New Haven, CT increased by 0.7% between January and February 2025.

From Rocket Homes Real Estate and based on county public records data.

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