48 Kensington Street

New Haven, CT 06511

$599,900
Price
9
Beds
3,404 Sq. Ft.
$176 / Sq. Ft.
3,404
Sq. Ft.
$176
per Sq. Ft.

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...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.

Property Details for 48 Kensington Street

Basement Description
Full, Unfinished, Interior Access
Direct Waterfront
No
Neighborhood
N/A
Style
Other
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 02/22/2025 11:10 PM

Property Details for 48 Kensington Street

StatusActive
MLS #24067971
Days on Market42
Taxes$8,565 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1900
Lot Size0.27 AC / 11,761 SF
CountyNew Haven County

Building Information for 48 Kensington Street

Stories-Residences4Year Built1900Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 48 Kensington Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.311689
  • Longitude: -72.93991
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $8,565
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Crawl Space, Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Air, Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 17
Property
Property and Assessments
  • Color: Blue
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3404
Lot Information
  • Lot Description: Treed, Level Lot
  • Parcel Number: 1255245
  • Sq Ft Est Heated Above Grade: 3404.0
  • Sq Ft Total: 3404.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 17
Unit 1
  • Lease: Monthly
  • Listing Key: 2B5D4F17E8F9FA2AE0631401100A9005
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 676
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-22-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: 2B5D4F17E8F9FA2AE0631401100A9005
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 676
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-22-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Listing Key: 2B5D4F17E8F9FA2AE0631401100A9005
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1352
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 02-22-2025
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Listing Key: 2B5D4F17E8F9FA2AE0631401100A9005
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1376
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 02-22-2025
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Property History for 48 Kensington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Kensington Street

Taxable ValueLand$40,180Additions$182,280Total$222,460
Tax Record2023$8,565 ($714 / month)
Home Facts
Baths4Total Finished SqFt3,404 SqFtAbove Grade Finished SqFt3,404 SqFtStories2Lot Size11,895 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningRM2CountyNEW HAVENAPNNHVN M:316 B:0244 L:01900

Schools near 48 Kensington Street

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 7
Public - PK to 4
Rating
School
Distance
Augusta Lewis Troup School
PublicPK to 8

Hill Regional Career High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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48 Kensington Street is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on January 13, 2025 by KW Legacy Partners, it's currently listed at $599,900. It has been on the market for a total of 42 days and was last sold on February 20, 2024. This listing's school district is New Haven School District. Nearby schools include Augusta Lewis Troup School, Hill Regional Career High School and Vincent E. Mauro Elementary Math Science. 48 Kensington Street is a 9-bed, 4.5-bath, 3,404 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KW Legacy Partners, Steve Jones

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.