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.
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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