For sale
  • $920,000

    63 Cherry Street, Waterbury, CT 06702

    1beds
    10,401sqft
    : 
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Laundry hookupsParking for tenantsMechanicals in each apartmentNewer floorsPanels in each unitGas heat
    Investors take notice of this package offering 2 adjacent properties with cash flow and big unit mix with a 9% CAP! 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 24+% ROI.
    60 days
    on Zillow
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    196
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