Active
109 Nichols Ave
Watertown MA, 02472
$2,375,000
Active
Commercial
Built in 1921
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
73278109
MLSⓇ ID
August 15, 2024
Listed
November 3, 2024
Updated
Map
109 Nichols Ave
Watertown MA, 02472
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Roof
Rubber
Other Property Details
Taxes
$23
Tax Frequency
Annually
Garage
No
Parking Total
6
View
No
County
Middlesex
Pool
No
Zoning
NB
Listing History
Date | Event | Price |
|---|---|---|
10/30/2024 | Price change | $2,375,000 -3% |
Courtesy of Zahra Zoglauer, Berkshire Hathaway HomeServices Commonwealth Real Estate
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Data last updated 8:27 AM UTC, 11/3/2024
