107-109 Nichols Ave Watertown, MA 02472
6 bed / 4 bath / 5,445 Sq. Ft. / 100,188 Sq. Ft., 2.3 acres lot size / Multi-Family
Status: Sold
Listing Courtesy of: Zahra Zoglauer - Berkshire Hathaway HomeServices Commonwealth Real Estate +1 (617) 320-5815
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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
property details
Type
Multi-Family
Status
Closed
County
Middlesex
Year Built
1921
Beds
6
Full Baths
4
Sq. Ft.
5,445
Lot Size
100,188 Sq. Ft., 2.3 acres
Listing Id
73308908
Courtesy Of
Zahra Zoglauer - Berkshire Hathaway HomeServices Commonwealth Real Estate +1 (617) 320-5815
List Office Phone
+1 (617) 926-5280
Interior Features
Living Area Units
Sq. Ft.
Rooms Total
16
Full Baths
4
Bathrooms Total
4
Exterior Features
Lot/Land Description
Corner Lot
Parking
Paved
Driveway
Driveway
Foundation
Concrete Perimeter
Stories
4
Parking Spaces
6
Utility & Building Info
Sewer
Public Sewer
Water Source
Public Water
Tax Amount
23
Building Area Total
5,445 Sq. Ft.
Above Grade Finished Area
5445 Sq. Ft.
Price Per Sq Ft
$436
Architectural Style
3+ Story
Price History
| date | event | price | source |
|---|---|---|---|
|
02/24/2025
02/24/2025
|
Pending |
$2,375,000
|
MLSPIN - MLS Property Information Network |
|
11/01/2024
11/01/2024
|
Active |
$2,375,000
|
MLSPIN - MLS Property Information Network |
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Market Trends
Source: Constellation1
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