Real Estate Agent in Connecticut and Western Massachusetts

63 Cherry Street
Waterbury Connecticut

Multi-Family For Sale

38

Total Rooms

Units

10,401

Sq Ft

$ 955,000

Price

63 Cherry Street
Waterbury Connecticut

Waterbury Connecticut

Description:

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 11.5+% CAP & 22% ROI.

Listing Courtesy of Oxford Realty

Meet Our Team

Our team consists of dedicated real estate professionals passionate about helping our clients achieve their goals. Every client receives personalized attention, expert guidance, and unparalleled service. Meet our team:

Alison Malkin
Alison Malkin

Broker/Owner

860-214-8008

Email
Alison Malkin
Nicole Malkin James

Broker/Owner

843-614-7222

Email
Alison Malkin
Luis Torres

Associate Broker

860-383-5211

Email
Alison Malkin
Debra Pliego

Realtor®

860-919-7376

Email
Alison Malkin
Madison Wells

Realtor®

860-538-7567

Email
Alison Malkin
Lori Sierpinski

Realtor®

860-222-4692

Email
Alison Malkin
Jim Murkette

Realtor®

860-539-5009

Email
Alison Malkin
Leah Pliego

Realtor®

860-681-7373

Email
Alison Malkin
Shaissa Acosta

Realtor®

860-249-1641

Email

Co-Broker Offer
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Acres : 0.19
Basement : None
Full Baths : 8
Baths Total : 8
Beds Total : 22
City : Waterbury
Cooling : Window Unit
County : New Haven
Elementary School : Per Board of Ed
Foundation : Masonry, Stone
Garage Parking : Detached Garage, On Street Parking, Off Street Parking, Driveway
Garage Slots : 2
Annual Expense : 42287
Description : Level Lot
Amenities : Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
Neighborhood : Downtown
Parcel : 1381187
Total Parking Spaces : 9
Postal Code : 06702
Roof : Asphalt Shingle
Sewage System : Public Sewer Connected
SgFt Description : 57 & 63 Cherry combined = total LA
Total SqFt : 10401
Tax Year : July 2024-June 2025
Total Rooms : 38
Watersource : Public Water Connected
weeb : RPR, IDX Sites, Realtor.com

Phone

860-384-7624

Address

20 Hopmeadow St, Unit 821, Weatogue, CT 06089


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