Smart MLS #24087127

63 Cherry St,
Waterbury, CT 06702
63 Cherry St, Waterbury, CT 06702 United States
For Sale
$959,900
Multi-Family Home
9 Units · 10401 Sqft
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.

Map


Listing

Market Stats
  • List $959,900
  • 6 Days on Market

Real Estate Agent


Details

Building
  • Built 1915
  • 9 Units
  • 22 Beds
  • 8.00 Baths
  • 0 Fireplaces
  • No Basement

Sqft
  • 10401 Total Sqft

Lot / Land
  • 0.19 Acres
  • 181 Neighborhood
  • Level Lot

Other
  • 2 Garages

Utilities
  • Hot Water
  • Natural Gas
  • Public Water
  • Natural Gas Hot Water
  • Public Sewers

Financials
  • $130,320 Gross Income
  • $81,517 Net Income
  • $42,287 Expenses

Taxes
  • Assessment $323,470
  • Mill Rate 49.44
  • Taxes $19,447
  • Parcel Num 1381187

Schools

Elementary
  • Per Board of Ed

High
  • Per Board of Ed

Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $959,900
  • Down Payment $191,980 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$6,642


Monthly Est. $6,642
Yearly Est. $79,706
30yr Est. $2,391,193
Go to the Mortgage Calculator
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This real estate listing for sale at 63 Cherry St has 22 bedrooms, 8.00 bathrooms, and was built in 1915. It is located in the Waterbury, Connecticut area with the 06702 zip code. For more info about the property at 63 Cherry St, Waterbury, CT 06702 United States or if you would like to schedule a showing, please contact the listing agent above.

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