63 Cherry
Waterbury, CT 06702
- 18 beds
- 6 baths
- 8,667 sqft
- 8,276 sqft lot
- $112 per sqft
- 1915 build
- – on site
Investors take notice of this package offering 2 adjacent properties with cash flow and big unit mix! 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 21% ROI.
Last checked:
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Last updated Feb 25, 2025
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MLS# 24076366 —
The Building
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Year Built:1915
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors, Units are Side-by-Side
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Masonry, Stone
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Basement Description:None
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Exterior Features:Sidewalk, Porch, Gutters, Lighting
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SqFt Total:8667
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SqFt Est Heated Above Grade:8667
Interior
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Laundry Room:Washer/Dryer Some Units
Room Dimensions
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Living Area SqFt Per Public Record:8667
Location
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Directions:E Main St to Cherry St
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Neighborhood:Downtown
The Property
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Parcel Number:1381187
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:CBD
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Acres:0.19
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (203) 314-4219
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:19447
Beds
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Beds Total:18
Baths
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Total Baths:6
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Full Baths:6
The Listing
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Virtual Showing:No
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Water
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Heat Fuel Type:Natural Gas
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Cooling System:Window Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Nearby Amenities:Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:Detached Garage, On Street Parking, Off Street Parking, Driveway
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Garages Number:1
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Parking Total Spaces:9
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/24/25
Feb 24, 2025
|
Listed / Active | SMART_MLS | $975,000 |