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$2,375,000
52 Days On Site

107-109 Nichols Ave
Watertown, MA 02472

For Sale|Multi Family|Active
6
Beds
4
Full Baths
0
Partial Baths
5,445
SqFt
$436
/SqFt
1921
Built
County:
Middlesex

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107-109 Nichols Ave107-109 Nichols Ave107-109 Nichols Ave107-109 Nichols Ave
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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

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Listing Snapshot
Price 
$2,375,000
Days On Site 
52 Days
Bedrooms 
6
Inside Area (SqFt) 
5,445 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
2.3 Acres
Year Built 
1921
MLS® Number 
73308908
Status 
Active
Property Tax 
$23.01
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
2.3
Foundation 
Concrete Perimeter
Number Of Stories 
4
Parking 
PavedDriveway
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
5445
Water Source 
Public
Zoning 
NB
Interior Features
Appliances 
Gas Water Heater
Basement 
Walk-Out Access
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Exterior Features
Lot Features 
Corner Lot
Listing courtesy of of



The property listing data and information, or the Images, set forth herein were provided 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.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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