Watertown, MA 02472,109 Nichols Ave
Watertown, MA 02472,109 Nichols Ave
Watertown, MA 02472,109 Nichols Ave
Watertown, MA 02472,109 Nichols Ave
Watertown, MA 02472,109 Nichols Ave
Watertown, MA 02472,109 Nichols Ave
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$ 2,375,000
Est. payment | /mo

5,662 Sqft Lot


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$ 2,375,000
Est. payment | /mo
Save

5,662 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73278109

HOA Y/N false

Year Built 1921

Annual Tax Amount $23

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property 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

Location

State MA

County Middlesex

Zoning NB

Direction corner of the Dexter and Nichols Ave

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Rubber

Total Parking Spaces 6

Others

Senior Community false

Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

GET MORE INFORMATION

agent
Wajeeha Nasir

REALTOR | License ID: 9567659

+1(516) 884-7970 | wajeeharealtor@gmail.com

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109 Nichols Ave