63 Cherry Street | Waterbury Downtown

$959,900 | 2 Baths (2 Full) | 10,401 Sq. Ft.

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. SmartMLS 24087141

Directions to property: E Main St to Cherry St

MLS Listing ID: 
SmartMLS 24087141
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1915
Living Area: 
10,401
Interior: 
Window Display
Construction
Foundation Details: 
Masonry, Stone
Roof: 
Asphalt Shingle
Exterior Features: 
Sidewalk, Roof Sign, Gutters, Lighting, Outside Storage Area
Room Details
Details about the rooms in the building.
Total Rooms: 
0
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water
Heating System Fuel: 
Electric, Natural Gas
Cooling System: 
Ceiling Fans, Window Unit
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.19
Waterfront: 
0
Lot Features
Total Parking Spaces: 
9
Garage: 
On Street Parking, Off Street Parking, Driveway
Public Record
Parcel Number: 
1381187
Annual Tax: 
$19,447.00
Property Zoning: 
CBD
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/9/2025
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Amanda Faroni-Sheehan
Listing Office Name: 
Oxford Realty