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63 Cherry Street, Waterbury CT 06702

Current Price: $920,000

1 beds 1 baths 10401 sq. ft

Last Update: 6/23/2025

Property Type: Multi-Family For Sale

Public Remarks

Investors take notice of this package offering 2 adjacent properties with cash flow and big unit mix with a 9% CAP! TOTAL OF 9 UNITS = 8 apartments + 1 large commercial space. 57 Cherry St is a 2-family with two 2 bed/1 bath units - fully occupied. The property has separate & tenant paid utilities. 63 Cherry is a large mixed-use building with six 3 bed/1 bath apartments + 1 large commercial space - fully occupied. The units are mostly renovated w/newer floors, kitchens, baths and fixtures + laundry hookups and mechanicals in each apartment (gas heat & HW + panels in each unit). The utilities are all separate and tenant paid. No basement in #63 - tobacco shop uses the ground level - also separate and tenant paid utilities. Driveway between both buildings + 3 garages and parking for tenants in back. Literally buy and cash flow! Rents are below market = UPSIDE for 24+% ROI.

Map to Property at 63 Cherry Street, Waterbury CT 06702


E Main St to Cherry St

Residential Property Information for 63 Cherry Street, Waterbury CT 06702

MLS #: 24103278

Style: Units on different Floors,Units are Side-by-Side

Color: tan

Total Rooms:

Bedrooms: 1

Bathrooms: 1

Acres: 0.19

Year Built: 1915 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $19,447

Zoning: CBD

Mil Rate:

Assessed Value: $323,470 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 10401; below grade sq feet total is ; total sq ft is 10401

Features
Laundry Location & Info: Washer/Dryer Some Units 
Fireplaces: 0
Basement Desc.: None
Exterior Siding: Vinyl Siding
Exterior Features: Sidewalk,Porch,Gutters,Lighting
Foundation: Masonry,Stone
Roof: Asphalt Shingle
Parking Spaces: 2
Driveway Type: Private
Garage/Parking Type: Detached Garage,On Street Parking,Off Street Parki
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Library,Medical Facilities,Park,Playground/Tot Lot,Public Rec Facilities,Public Transportation,Walk to Bus Lines
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Hot Water.

Cooling: Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $920,000

Original List Price: $920,000

DOM: 14

Listing Date: 6/9/2025

Last Updated: 6/11/2025 4:37:31 PM

Listing Agent and Broker

List Agent Name: Amanda Faroni-Sheehan

List Office Name: Oxford Realty