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    Turn-Key Two-Family Residence Title is generated by Realmo AI

    33 Congress Avenue, Waterbury, CT 06708

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    Claim this Listing
    New
    For Sale
    $399,000

    MULTI_FAMILY - Waterbury, CT

    Property size:
    1,824 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $218/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 4:06 am

    Property Features for 33 Congress Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RH
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 2
    Parking
    4
    Basement
    Full
    Standard status
    Active
    Size
    1,824 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    8895

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Architectural style
    Other

    We can help!

    Listing Contact
    Noor Ahmed

    Listing agent Noor Ahmed

    Listing office RE/MAX Heritage 20 Saugatuck Avenue, Westport, CT

    Listing date Jun 10, 2026

    MLS# 24182495 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Renovated 2‑family home with separate utilities for each unit
    • Brand‑new finishes, modern kitchens, and updated bathrooms in both units
    • Owner‑occupant or investor setup: live in one unit and rent the other
    • Year built: 1910
    • Public water and public sewer connected

    Overview

    This completely renovated, turn-key two-family home offers bright, open layouts in both units. Improvements include modern kitchens and updated bathrooms, with each unit set up with separate utilities. The configuration supports straightforward owner-occupant use or income-oriented occupancy, depending on how you plan to live in and operate the property.

    The property is located at 33 Congress Avenue in Waterbury, Connecticut (06708), within New Haven County. The listed lot size is 0.08 acres, and the property size is 1,824 square feet.

    For tenants or buyers seeking a manageable, move-in ready multi-family, this residence provides a clean, renovated interior in a duplex format. The separate utility setup can help simplify monthly expense management. Whether you intend to occupy one unit and lease the other, or plan for fully rented occupancy, the unit-by-unit renovation and utility separation are practical features that support day-one operations.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $31.7k $17.40
    − Vacancy −$2.4k −$1.31
    EGI $29.4k $16.10
    − OpEx −$8.8k −$4.83
    NOI $20.6k $11.27
    1,824 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $293.6K
    $256.9K – $342.5K (±1% cap)
    NOI $20,550 @ 7.0% cap · market cap 5.15%
    Second Best
    Apartment 5plus
    $264.5K
    $231.4K – $308.6K (±1% cap)
    NOI $18,513 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Office A
    $484.0K
    $423.5K – $564.7K (±1% cap)
    NOI $33,883 @ 7.0% cap · market cap 8.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.046572
    Latitude
    41.544891

    FAQs

    What type of property is this?
    Duplex - Completely renovated 2-family with updated kitchens and baths, plus separate utilities for each unit.
    Where is this duplex located?
    The property is located at 33 Congress Avenue Waterbury, CT.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Renovated 2‑family home with separate utilities for each unit; Brand‑new finishes, modern kitchens, and updated bathrooms in both units; Owner‑occupant or investor setup: live in one unit and rent the other
    More about this property
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