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    Two-Family Home with Finished Attic Title is generated by Realmo AI

    188 Hazel Street, New Haven, CT 06511

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    Claim this Listing
    New
    For Sale
    $399,000

    MULTI_FAMILY - New Haven, CT

    Property size:
    2,108 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $189/SF
    Added:
    Jun 15, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 16 at 6:06 pm

    Property Features for 188 Hazel Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM2
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 1, Basement, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
    Parking
    2
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement
    Unfinished, Full
    Standard status
    Active
    Size
    2,108 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    5436

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Architectural style
    Other

    We can help!

    Listing Contact
    Paola Dominguez

    Listing agent Paola Dominguez

    Listing office Higgins Group Real Estate 146 S Broad Street, Fairfield, CT

    Listing date Jun 15, 2026

    MLS# 24184239 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

    • Two‑family home with two apartments, each offering 2 bedrooms and a full bathroom
    • Fully updated, move‑in ready property
    • Top unit includes access to a fully finished attic with a 5th bedroom plus an additional flexible open area
    • Porch at the exterior and basement with laundry
    • Two‑car driveway
    • Utilities: public water and public sewer

    Overview

    This fully updated two-family home offers move-in-ready living with two separate apartments, each featuring 2 bedrooms and a full bath. The upper unit also includes access to a fully finished attic, providing a potential 5th bedroom plus an additional flexible open area that can suit a home office, media room, or other everyday use. A basement with laundry and a two-car driveway support day-to-day convenience.

    Located in New Haven, Connecticut, the property is described as close to shopping, local dining, schools, and major highways, making it practical for tenants and owners who value accessible commuting and nearby amenities. The property is zoned RM2.

    This configuration can fit buyers looking to hold rental income while retaining one unit for personal use, thanks to the independent two-unit layout. The added finished attic space in the top unit may also support households that need more room without requiring additional property changes. The on-site driveway and basement laundry further add to the day-to-day functionality for future occupants.

    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 $54.4k $25.80
    − Vacancy −$3.7k −$1.75
    EGI $50.7k $24.05
    − OpEx −$15.2k −$7.21
    NOI $35.5k $16.83
    2,108 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $506.9K
    $443.5K – $591.4K (±1% cap)
    NOI $35,482 @ 7.0% cap · market cap 8.89%
    Second Best
    Apartment 5plus
    $471.7K
    $412.7K – $550.3K (±1% cap)
    NOI $33,017 @ 7.0% cap · market cap 8.27%
    Theoretical Best
    Office A
    $678.1K
    $593.3K – $791.1K (±1% cap)
    NOI $47,466 @ 7.0% cap · market cap 11.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.934094
    Latitude
    41.32909

    FAQs

    What type of property is this?
    Duplex - Move-in ready two-family property with two 2-bedroom units, a full bath, and a finished attic that can add flexible living space.
    Where is this duplex located?
    The property is located at 188 Hazel Street New Haven, 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: Two‑family home with two apartments, each offering 2 bedrooms and a full bathroom; Fully updated, move‑in ready property; Top unit includes access to a fully finished attic with a 5th bedroom plus an additional flexible open area
    More about this property
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