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
Sold
$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
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