63 Cherry Street, Waterbury, CT 06702

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
#1#2#3
63 Cherry Street,Waterbury, CT 06702
$920,000
  • 1 Beds
  • 1 Baths
  • 10,401 sq. ft.
  • Multi-family
  • Active
Listed by:amanda faroni-sheehan
Office:oxford realty
MLS#:24103278
Source:CT

Price summary

  • Price:$920,000
  • Price per sq. ft.:$88.45

About this home

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.

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Home facts

  • Year built:1915
  • Listing Id #:24103278
  • Added:68 day(s) ago
  • Updated:August 15, 2025 at 11:27 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:10,401 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1915
  • Building area:10,401 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$920,000
  • Price per sq. ft.:$88.45
  • Tax amount:$14,550 (July 2025-June 2026)
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