About 48 Kensington Street
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.
Features of 48 Kensington Street
MLS® # | 24067971 |
---|---|
Price | $599,900 |
Bedrooms | 7 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 3,404 |
Acres | 0.27 |
Year Built | 1900 |
Type | Multi-Family For Sale |
Sub-Type | 4 Family |
Style | Other |
Status | Active |
Community Information
Address | 48 Kensington Street |
---|---|
Area | N/A |
City | New Haven |
County | New Haven |
State | Connecticut |
Zip Code | 06511 |
Amenities
Parking | None |
---|---|
Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Heating | Hot Air, Hot Water, Natural Gas |
---|---|
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Full, Unfinished, Interior Access |
Exterior
Exterior | Vinyl Siding |
---|---|
Exterior Features | Sidewalk |
Lot Description | Treed, Level Lot |
Roof | Asphalt Shingle |
Foundation | Masonry |
School Information
Elementary | Per Board of Ed |
---|---|
Middle | Per Board of Ed |
High | Per Board of Ed |
Additional Information
Date Listed | January 13th, 2025 |
---|---|
Days on Market | 31 |
Zoning | RM2 |
RE / Bank Owned | No |
Listing Details
Office | KW Legacy Partners |
---|