48 Kensington St New Haven, CT 06511
Dwight Neighborhood
9
Beds
4.5
Baths
3,404
Sq Ft
0.27
Acres
Highlights
- 0.27 Acre Lot
- Hot Water Circulator
- Hot Water Heating System
- Attic
About This Home
As of June 2025Seize 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.
Last Agent to Sell the Property
KW Legacy Partners License #RES.0799717 Listed on: 01/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,565
Year Built
- Built in 1900
Lot Details
- 0.27 Acre Lot
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Masonry
Interior Spaces
- 3,404 Sq Ft Home
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 9 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Crawl Space
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 1255245
Similar Homes in New Haven, CT
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $595,000 | -0.8% | $175 / Sq Ft |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $599,900 | +26.3% | $176 / Sq Ft |
| 02/20/2024 02/20/24 | Sold | $475,000 | -4.8% | $140 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $499,000 | -- | $147 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,765 | $222,460 | $40,180 | $182,280 |
| 2024 | $8,565 | $222,460 | $40,180 | $182,280 |
| 2023 | $8,276 | $222,460 | $40,180 | $182,280 |
| 2022 | $8,843 | $222,460 | $40,180 | $182,280 |
| 2021 | $5,492 | $125,160 | $16,100 | $109,060 |
| 2020 | $5,492 | $125,160 | $16,100 | $109,060 |
| 2019 | $5,379 | $125,160 | $16,100 | $109,060 |
| 2018 | $5,379 | $125,160 | $16,100 | $109,060 |
| 2017 | $4,462 | $115,360 | $16,100 | $99,260 |
| 2016 | $3,842 | $92,470 | $19,250 | $73,220 |
| 2015 | $3,842 | $92,470 | $19,250 | $73,220 |
| 2014 | $3,842 | $92,470 | $19,250 | $73,220 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Steve Jones Jr
KW Legacy Partners
(203) 645-6335
2 in this area
205 Total Sales
-
E
Buyer's Agent in 2025
Ernest Palmer
William Raveis Real Estate
(732) 589-0471
1 in this area
53 Total Sales
-
Seller's Agent in 2024
Jorge Gil
Ki Property Group
(203) 809-9600
1 in this area
11 Total Sales
Map
Source: SmartMLS
MLS Number: 24067971
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