107-109 Nichols Ave, Watertown, MA 02472 | Matt Ramey, Real Estate Agent

107-109 Nichols Ave, Watertown, MA 02472

  • $2,375,000
  • $436
107-109 Nichols Ave, Watertown, MA 02472
For Sale
107-109 Nichols Ave, Watertown, MA 02472
  • $2,375,000
  • $436


Overview

Property ID: 73308908
  • Multi-family
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 0
  • Garage
  • 1921
  • Year Built

Description

Multi Family property with 0 bedroom(s), 0 bathroom(s) in Watertown MA.

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

  • Address 107-109 Nichols Ave, Watertown, MA 02472
  • City Watertown
  • State/county MA
  • Zip/Postal Code 02472

Details

Updated on December 17, 2024 at 6:39 am
  • Property ID: 73308908
  • Price: $2,375,000
  • Bedroom: 0
  • Bathroom: 0
  • Garage: 0
  • Year Built: 1921
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Basement: Walk-Out Access
  • Fire places: 0
  • Total Rooms: 16
  • Parking Features: Paved Drive,Driveway
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: Berkshire Hathaway HomeServices Commonwealth Real Estate
  • Agent Name: Zahra Zoglauer

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