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Property view

107-109 Nichols Ave, 
Watertown, MA 02472

$2,030,000


Bed


Bath


5,445

Sq Ft


Multi-Family

Sold

Listed by

Zahra Zoglauer

Berkshire Hathaway HomeServices Commonwealth Real Estate

617-926-5280

MLS#

73308908

Source:

MLSPIN

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About This Home

107-109 Nichols Ave

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

Home Facts

Multi-Family

Built in 1921

Price Summary

2,375,000

$436 per Sq. Ft.

MLS #:

73308908

Sold:

April 4, 2025


Rooms & Interior

Interior

Living Area:

5,445 Sq. Ft.


Structure

Structure

Building Area:

5,445 Sq. Ft.

Year Built:

1921


Lot

Lot Size (Sq. Ft):

99,999


Finances & Disclosures

Finances

Price:

$2,375,000

Price per Sq. Ft:

$436 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.