Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

107-109 Nichols Ave

Watertown, MA ID #73308908

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107-109 Nichols Ave

- Watertown, MA ID #73308908

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

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Side by Side
  • Zip Code: 02472
  • Taxes: 23
  • Living Levels: 4
  • Acres: 2.30

Parking

  • Parking: Paved Drive, Driveway
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 4
  • Total Rooms: 16

Location

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107-109 Nichols Ave, Watertown, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Zahra Zoglauer of Berkshire Hathaway HomeServices Commonwealth Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.