9-Unit Apartment
For Sale
Contact for pricing
57 & 63 Cherry St, Waterbury, CT 06072
Two adjacent properties combine apartment and retail space with separate tenant-paid utilities and dedicated off-street parking.
Property SizeContact for details
Days on Market143
Property Features for 57 & 63 Cherry St
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
3 x 3BR/1BA, 1 x 2BR/1BA, 4 x 4BR
Multifamily Units
8
Additional Details
Utilities to Site
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Vanguard PCG
Listed By:
Alex Opuszynski · License #CT REB.0793292
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vanguard PCG
Investment Insights
Based on property information with market context.
This offering includes two adjacent properties totaling 9 units, with a mix of apartments and one occupied retail unit. At 57 Cherry St, the two-family layout provides a 3-bedroom, 1-bath unit on the first floor and a 2-bedroom, 1-bath unit above. The property was built in 1886 and contains 1,734 SF on .14 acres.
The 63 Cherry St building adds six apartments and one retail unit within 8,667 SF on .19 acres. Built in 1915, it includes two 3-bedroom, 1-bath apartments and four 4-bedroom apartments; 4 of the 6 apartments have been recently renovated. Separate tenant-paid utilities, gas H&HW, and updated electrical serve the properties. Additional improvements include ample off-street parking and a two-car detached garage. The offering is associated with a stated 17.5% ROI.
The 63 Cherry St building adds six apartments and one retail unit within 8,667 SF on .19 acres. Built in 1915, it includes two 3-bedroom, 1-bath apartments and four 4-bedroom apartments; 4 of the 6 apartments have been recently renovated. Separate tenant-paid utilities, gas H&HW, and updated electrical serve the properties. Additional improvements include ample off-street parking and a two-car detached garage. The offering is associated with a stated 17.5% ROI.
Key Highlights
- 9 units across two adjacent properties at 57 & 63 Cherry St, Waterbury, CT 06072
- Mixed‑use composition includes 1 occupied retail unit and 8 apartments
- 57 Cherry St: 2‑family property with 3 bed/1 bath and 2 bed/1 bath units
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,789
Businesses Nearby
Explore this area
Business Placement
Demographics for 06072, CT
91
Population
51
Households
1.8
Avg Household Size
47
Median Age
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent properties combine apartment and retail space with separate tenant-paid utilities and dedicated off-street parking.
Where is this apartment building located?
The property is located at 57 & 63 Cherry St Waterbury, CT.
What are key features of this property?
This property features: 9 units across two adjacent properties at 57 & 63 Cherry St, Waterbury, CT 06072; Mixed‑use composition includes 1 occupied retail unit and 8 apartments; 57 Cherry St: 2‑family property with 3 bed/1 bath and 2 bed/1 bath units
