#24072839, Dena Liberman, Listing Office: Weichert, Realtors-On The Mark

48 Kensington St New Haven, CT 06511
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
Summary
- MLS Number: 24067971
- Office Name: KW Legacy Partners
- Office Phone: (860) 313-0700
- Office Email: steve@myrisepartners.com
- Listing Agent: Steve Jones
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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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$599,900
48 Kensington St
$7,124
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 28, 2024 | Home Sold | $475,000 |
Jun 20, 2011 | Home Sold | $80,000 |
Tax history
Year | Assessment | Property 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.
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.
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.