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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
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.
E Main St to Cherry St
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
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 |
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
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Per Board of Ed
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
List Agent Name: Amanda Faroni-Sheehan
List Office Name: Oxford Realty