Discover a lucrative investment opportunity in the heart of New Haven with this fully occupied 4-unit property. Situated just minutes from downtown shops, hospitals, highways, and the Yale campus, it boasts unmatched convenience. Tenants enjoy easy access to major bus lines, while off-street parking for multiple vehicles enhances the property's appeal. With separate gas and electric meters for each unit, this property is designed for efficiency and profitability. Recent upgrades include a fully remodeled first-floor front unit featuring fresh paint, refinished hardwood floors, and new vinyl plank flooring in the kitchen and bathroom. A new refrigerator and range have been installed, along with private in-unit washer/dryer connections. Additional improvements include replacing two living room windows and installing a new water heater. Combining prime location, full occupancy, and thoughtful enhancements, this property is ideal for investors seeking immediate returns and long-term growth in New Haven's thriving real estate market.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1900
Living Area: 3,404 SqFt
Listing Office:
Office Name: KW Legacy Partners
Office Phone: (860) 313-0700
Listing Agent: Steve Jones
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
View: Trees/Woods
Exterior: Sidewalk
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Trees, Level
Lot Size: 0.27 Acres
Utilities
Utilities Information:
Heating: Forced Air, Hot Water
Cooling: None
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $599,900
Price Per SqFt: $176/SqFt
Tax Information:
Annual Amount: $5,492
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lincoln - Bassett Community School
130 Bassett St
Distance between this listing and this school1.41 miles
Public District Grades PK-6
5
/10
Barack H. Obama Magnet University School
69 Farnham Ave
Distance between this listing and this school1.43 miles
Public Magnet Grades PK-4
6
/10
Forest Elementary School
95 Burwell Rd
Distance between this listing and this school1.76 miles
Public District Grades KG-4
Nearby Schools
3
/10
Augusta Lewis Troup School
259 Edgewood Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-8
2
/10
Barnard Environmental Studies School
170 Derby Ave
Distance between this listing and this school0.67 miles
Public Magnet Grades PK-8
2
/10
Wexler - Grant Community School
55 Foote St
Distance between this listing and this school0.69 miles
Public District Grades PK-8
Nearby Schools
4
/10
Amistad Academy
130 Edgewood Ave
Distance between this listing and this school0.13 miles
Public Charter Grades KG-12
2
/10
Hill Regional Career High School
140 Legion Ave
Distance between this listing and this school0.41 miles
Public Magnet Grades 9-12
3
/10
Cooperative High School - Inter-District Magnet
177 College St
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $33,764. Residents of New Haven, CT typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $599,900.
While more than 28 listings in New Haven, CT in December 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 29 were sold below. The number of listings in New Haven, CT decreased by 13.6% between November 2024 and December 2024.
From Rocket Homes Real Estate and based on county public records data.