Active
107-109 Nichols Ave
Watertown MA, 02472
$2,375,000
$436.18 per sqft
Active
5,445 sqft
Multi-family
Built in 1921
Discover a prime investment opportunity With approximately 130k of NOI. This fully-rented, 6-unit mixed-use property is situated in a highly desirable location.2 expansive residential units and four profitable commercial spaces offer a diverse income stream. Over 2500 SQF residential units have a private entrance on the second floor. Include a spacious 3-BR, 2-BA home with an open floor plan. Modern kitchen with/ updated appliances and quality finishes throughout, in-unit laundry, central AC, and 6 parking enhance comfort and convenience. Over 3500 sqft of well-maintained commercial space on the ground floor is currently occupied by 4 thriving businesses, including a well-stocked grocery store and a popular restaurant. The grocery store serves exceptional food and is a staple in the community. The restaurant, known for its high traffic and delicious menu, attracts a steady stream of customers. Potential for increased income on all units. Perfect 1031 Exchange Investment
73308908
MLSⓇ ID
November 1, 2024
Listed
November 5, 2024
Updated
Map
107-109 Nichols Ave
Watertown MA, 02472
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.3 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Taxes
$23
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Paved Drive, Driveway
Parking Total
6
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
NB
Courtesy of Zahra Zoglauer, Berkshire Hathaway HomeServices Commonwealth Real Estate
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
©2024 MLS Property Information Network, Inc. All rights reserved.
Data last updated 8:38 AM UTC, 11/5/2024
