107-109 Nichols Ave, Watertown, MA, 02472
16 rooms
0 beds
1921
5,445 sqft
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:
Multi-family
Units:
6
Zoning:
NB
Basement:
Walk-Out Access
Levels:
4
Parking:
6-car, Paved Drive, Driveway
Acreage:
2.3
Est. Taxes:
$23
Assessment
$1,219,300
Lot Description:
Corner Lot
MLS #:
73308908
Community Info
School Info
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Listing courtesy of Zahra Zoglauer, Berkshire Hathaway HomeServices Commonwealth Real Estate Phone: 617-926-5280