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listing
1 of 9
CommercialFor Sale
$959,900
63 Cherry Street
Waterbury, CT 06702
Courtesy of Oxford Realty
MLS: Smart MLS
0Beds
2Baths
8,667Sq Ft
Est. Mortgage
$5,055/mo

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.

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Information courtesy of Oxford Realty is subject to verification and is not guaranteed. Listing Data Last Updated 04/24/2025 10:53 AM
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