Property Photo: 107-109 Nichols Ave MA 02472

Listing Courtesy of: MLS PIN / Berkshire Hathaway Homeservices Commonwealth Real Estate / Zahra Zoglauer

107-109 Nichols Ave Watertown, MA 02472

Active (62 Days)

$2,375,000

5,445

SQFT

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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

MLS #:
73308908

Taxes
$23(2024)

Lot Size
2.3 acres

Type
Multifamily

Year Built
1921

County
Middlesex County

Listed By

Zahra Zoglauer, Berkshire Hathaway Homeservices Commonwealth Real Estate

Source
MLS PIN
Last checked Jan 2 2025 at 4:15 PM EST

Bathroom Details

Lot Information

Corner Lot

Property Features

Fireplace: 0
Foundation: Concrete Perimeter

Basement Information

Walk-Out Access

Utility Information

Utilities: Water: Public
Sewer: Public Sewer

Parking

Total: 6
Driveway
Paved Drive

Stories

Living Area

5,445 sqft

Location

Map View | Street View

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*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by C21 Property Central and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. © 2025 MLS Property Information Network, Inc.. 1/2/25 08:15

107-109 Nichols Ave Watertown, MA 02472

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