MA
Middlesex
Watertown
02472
107-109 Nichols Ave
107-109 Nichols Ave, Watertown, MA 02472
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Listing Type
Multi Family
Listing Status
active
6
$2,375,000

Home Details for 107-109 Nichols Ave

Price
$2,375,000
Type
Residential Income
Bedrooms
6
Bathrooms
0.0
Square feet
5445
Year built
1921
Lot size acres
2.3
County
Middlesex
Total rooms
16
Garage
Basement
Walk-Out Access
Days on site
373
MLS Listing#
73308908
Property Description

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

Property Features
  • Parking
    • Paved
    • Driveway
  • Water Features
    • Public
  • Basement
    • Walk-Out Access
Listing Courtesy: Berkshire Hathaway HomeServices Commonwealth Real Estate - 617-926-5280
Presented by: Zahra Zoglauer
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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