2 Hazel Street Waterbury, CT 06704
MULTI_FAMILY - Waterbury, CT
Property Features for 2 Hazel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 6, Bedroom 4, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 8, Bedroom 3, Basement
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 2,783 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6936
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Mike Weaver (203) 815-8036
Listing office Real Broker CT, LLC 100 Pearl Street, 14th Floor, Hartford, CT (855) 450-0442
Listing date Jul 8, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 2 Hazel Street in Waterbury, CT 06704, and is situated within RM zoning. The surrounding area offers access to shopping, dining, public transportation, and major highways, which may support day-to-day convenience for residents.
As a three-family asset, the building is designed to provide a mix of in-place rental occupancy and future leasing flexibility based on how the third unit is handled after closing.
Key Highlights
- 3‑family property with three units
- First- and second‑floor units are occupied by long‑term tenants
- Third‑floor unit can be delivered vacant at closing
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 | $48.4k | $17.40 |
| − Vacancy | −$3.6k | −$1.31 |
| EGI | $44.8k | $16.10 |
| − OpEx | −$13.4k | −$4.83 |
| NOI | $31.4k | $11.27 |
