48 Dixwell Ave, New Haven, CT 06511

48 Dixwell Ave. at 48 Dixwell Ave., New Haven, CT presents a compelling opportunity to acquire a distinctive three-story apartment asset in one of Connecticut’s most dynamic rental markets. Offered at $1,399,000, this 4,092 SF building features 10 bedrooms, 5 bathrooms, and 12 total rooms, with modern interior finishes, electric A/C, gas heat, and an attractive exterior patio that enhances tenant appeal. Positioned in New Haven—home to Yale University, Yale New Haven Health, and a strong employment base—this property benefits from excellent long-term housing demand and a vibrant urban setting. The offering also includes a 2,880 SF vacant building, creating additional upside for an investor seeking future redevelopment, repositioning, or supplemental use potential. Income stability is supported by a new one-year lease beginning June 1, 2026, at $11,000 per month, with tenants responsible for utilities. Built in 1910 and improved with an updated presentation, this asset combines character, scale, and income potential in a sought-after location. An ideal opportunity for investors looking for cash flow with value-add potential in the heart of New Haven.