$2,375,000 ($436.18 per sqft)

Est. Mortgage $11,699/mo *

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107-109 Nichols Ave, Watertown, MA, 02472

107-109 Nichols Ave, Watertown, MA, 02472
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16 rooms

0 beds

1921

5,445 sqft

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

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

NB

Basement:

Walk-Out Access

Levels:

4

Parking:

6-car, Paved Drive, Driveway

Acreage:

2.3

Est. Taxes:

$23

Assessment

$1,219,300

Lot Description:

Corner Lot

MLS #:

73308908

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Zahra Zoglauer, Berkshire Hathaway HomeServices Commonwealth Real Estate Phone: 617-926-5280