Price Reduced 2.06%

$2,375,000

Est. Mortgage $11,854/mo *

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109 Nichols Ave, Watertown, MA, 02472

109 Nichols Ave, Watertown, MA, 02472
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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

Status:

Active

Type:

Commercial

Zoning:

NB

Parking:

6-car

Acreage:

0.13

Est. Taxes:

$23

Utilities

Public Water, Public Sewer, Natural Gas Available

MLS #:

73278109

Facilitator Compensation:

2

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Zahra Zoglauer, Berkshire Hathaway HomeServices Commonwealth Real Estate Phone: 617-926-5280