1. Connecticut
  2. Waterbury
  3. 63 Cherry Street
$920,000

63 Cherry Street, Waterbury, CT 06702

  • 1 bed |
  • 1 bath |
  • 10,401 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $88/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 11, 2025 at 04:37PM
Listing Office:
Oxford Realty : (203) 314-4219
Listing Agent:
Amanda Faroni-Sheehan : (203) 314-4219
MLS ID:
24103278
  • Laundry: Washer/Dryer Some Units
  • Basement: None
  • A/C: Window Unit
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Amanda Faroni-Sheehan, Oxford Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walsh Elementary School

55 Dikeman St, Waterbury, CT, 06704

Grades KG-5

0.25 miles away

W

Waterbury Arts Magnet School (Middle)

16 S Elm St, Waterbury, CT, 06706

Grades 6-8

0.19 miles away

W

Waterbury Arts Magnet School (High)

16 S Elm St, Waterbury, CT, 06706

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.