33 Congress Avenue Waterbury, CT 06708
Completely renovated two-unit residence with separate utilities for flexible owner-occupant or investment use.
- Added:
- Jun 10, 2026
- Days on Market:
- 32
- Last Refresh:
- Jun 13 at 3:13 am
Property Features for 33 Congress Avenue
General Information
- Standard status
- Active
- Size
- 1,824 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1910
Listing office RE/MAX Heritage (203) 428-5962
Listing date Jun 10, 2026
Source Lockandkeyre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Heritage
Investment Insights
Based on property information with market context.
The property is located at 33 Congress Avenue in Waterbury, Connecticut. With its two distinct residential units, the home is suited to buyers looking for a straightforward structure that can accommodate either shared ownership in one unit and rental income in the other, or a hands-on-leaning investment approach where units can be managed independently.
For owner-occupants, the arrangement allows you to live in one unit while the second helps offset housing costs. For investors, the updated interior finishes, separate utilities, and move-in-ready condition reduce near-term renovation concerns and support a more predictable transition to new tenants. If you’re looking for a renovated two-family home with practical separation between units, this one is designed for both living and renting from day one.
Key Highlights
- Completely renovated 2‑family residence (built 1910) at 33 Congress Ave
- Each unit features a bright, open layout with brand‑new finishes throughout
- Modern kitchens and updated bathrooms in both units
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 |
