107-109 Nichols Avenue
$2,375,000
—
5,445
5,445
$436
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...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
- Listed by Zahra Zoglauer • Berkshire Hathaway HomeServices Commonwealth Real Estate
Property Details for 107-109 Nichols Avenue
Town
Watertown
AreaMA-Watertown
Garage Spaces0
Parking Spaces6.00
Parking Spaces Total6
LISTING UPDATED: 11/05/2024 03:07 AM
Property Details for 107-109 Nichols Avenue
Status | Active |
---|---|
MLS # | 73308908 |
Days on Market | 50 |
Taxes | $23 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Side by Side |
Year Built | 1921 |
County | Middlesex County |
Building Information for 107-109 Nichols Avenue
Stories4Residences6Year Built1921Building Size-Lot Size2.30 AC / 99,999 SF
Property Information for 107-109 Nichols Avenue
Property History for 107-109 Nichols Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 107-109 Nichols Avenue
This home is within Watertown School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Hosmer Elementary School PublicPK to 5 | ||
Watertown Middle School Public6 to 8 | ||
Watertown High School Public9 to 12 | ||
J.R. Lowell Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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