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  • $2,030,000

    107-109 Nichols Ave, Watertown, MA 02472

    --beds
    0baths
    5,445sqft
    5+ Family - 5+ Units Side by Side
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $373/sqft
    $-- HOA

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 01:32pm

    Listed by:

    Zahra Zoglauer,

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Bought with:

    Zahra Zoglauer

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Source: MLS PIN,MLS#: 73308908

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 5,445
    • Total interior livable area: 5,445 sqft
    • Finished area above ground: 5,445

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Driveway
    • Has uncovered spaces: Yes
    Lot
    • Size: 2.30 Acres
    • Features: Corner Lot
    Details
    • Zoning: NB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Side by Side
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Watertown

    HOA & financial

    Other financial information
    • Total actual rent: 6200
    Services availability