63 Cherry St Waterbury, CT 06702
Property details
About 63 Cherry St
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 21% ROI.
Highlights
Summary
- MLS Number: 24076366
- Office Name: Oxford Realty
- Office Phone: (203) 314-4219
- Office Email: amandafaroni25@gmail.com
- Listing Agent: Amanda Faroni-Sheehan
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Last updated on: 3/14/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$975,000
63 Cherry St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 09, 2018 | Home Sold | $454,060 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $323,470 | $15,992 |
| 2023 | $323,470 | $17,529 |
| 2022 | $134,190 | $8,080 |
| 2021 | $134,190 | $8,080 |
| 2020 | $134,190 | $8,080 |
| 2019 | $134,190 | $8,080 |
History based on county public records data.
Nearby schools
3
Walsh Elementary School
Public District KG-5
0.3 mi
•55 Dikeman St
4
Maloney Interdistrict Magnet School
Public Magnet PK-5
0.4 mi
•233 S Elm St
2
Driggs Elementary School
Public District KG-5
0.7 mi
•77 Woodlawn Ter
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $10,663. The majority of Waterbury, CT residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
UFC
PGA/LPGA
Where do the neighbors shop?
Family Dollar
Chico's
Burlington
Where do the neighbors go to eat?
Church's Chicken
Bob Evans
Burger King
What do the neighbors drive?
Cadillac
Oldsmobile
Buick
What do the neighbors listen to?
Jazz
News
Urban Contemporary
Frequently asked questions
Living in Waterbury, CT
About 63 Cherry St
This home is located at 63 Cherry St in Waterbury, CT and zip code 06702. This 8,667 square foot home, which was built in 1915, sits on a 0.19 acre lot. Features: 18 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $975,000.
In February 2025 more than 34 listings in Waterbury, CT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 31 were sold below. The number of listings in Waterbury, CT decreased by 9.1% between January and February 2025.