Watertown, MA 02472,107-109 Nichols Ave
Watertown, MA 02472,107-109 Nichols Ave
Watertown, MA 02472,107-109 Nichols Ave
6
$2,030,000
$2,375,000
14.5%
Est.Price: ?

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5,445 SqFt

107-109 Nichols Ave Watertown, MA 02472

Est. payment /mo
SOLD DATE : 04/04/2025

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,030,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 5,445 sqft

Price per Sqft $372

MLS Listing ID 73308908

Year Built 1921

Annual Tax Amount $23

Tax Year 2024

Lot Size 2.300 Acres

Property Sub-Type 5+ Family - 5+ Units Side by Side

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

Building

Lot Description Corner Lot

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Zahra Zoglauer • Berkshire Hathaway HomeServices Commonwealth Real Estate
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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