Sold
107-109 Nichols Ave, Watertown, MA
Watertown · MA 02472
- $2,030,000
- Price
- 0
- Beds
- 0
- Baths
- 5445
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1921
Units:
6 Units
Lot size:
2.3 Acres Lot
Price per square foot:
$436 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
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
Neighborhood & Transit
107-109 Nichols Ave, Watertown · MA 02472
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 733 days
- Listing Price:
- $2,375,000
- Price per Sq.Ft:
- $436
- Tax Assessment:
- $1,219,300 in 2024
- Taxes:
- $2 / Monthly
Home Facts
Interior Features
- Bedrooms
- 0
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Living Area
- 5,445 Sq.Ft
- Broker Disclosure about Living Area
- Include Residential, Commercial
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5445
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 99,999 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Zahra Zoglauer
- Listing office
- Berkshire Hathaway HomeServices Commonwealth Real Estate
- MLS PIN #
- 73308908
- Disclosure
- Include Residential, Commercial