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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