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138 Cherry St 6 Unit Apartment Building $789,900 ($131,650/Unit) 11% Cap Rate Waterbury, CT 06702
EXECUTIVE SUMMARY
6 Residential Units with 2 Storefronts with a 7.5% actual-cap and 11% pro-cap. Below market rents, high income potential with larger bedroom counts of 3-4 rooms. This building has high visibility and close proximity to the restaurants, mall and highway.
Please text the listing agent for all property inquiries and viewing requests.
Please text the listing agent for all property inquiries and viewing requests.
PROPERTY FACTS
| Price | $789,900 | Apartment Style | Mid-Rise |
| Price Per Unit | $131,650 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 11% | Building Size | 7,068 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1906/1955 |
| Zoning | RH - Meduim density multi-family residential district | ||
| Price | $789,900 |
| Price Per Unit | $131,650 |
| Sale Type | Investment |
| Cap Rate | 11% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,068 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1906/1955 |
| Zoning | RH - Meduim density multi-family residential district |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 3 | - | - |
| 4+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | WATE-000275-000169-000132 | Improvements Assessment | $358,330 |
| Land Assessment | $7,630 | Total Assessment | $365,960 |
PROPERTY TAXES
Parcel Number
WATE-000275-000169-000132
Land Assessment
$7,630
Improvements Assessment
$358,330
Total Assessment
$365,960
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138 Cherry St
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