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107 109 Nichols Ave

Watertown, MA 02472

– beds
– baths
5,445 sqft
~2 acre lot
$436 per sqft
1921 build
– on site

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

Listing courtesy of MLSPIN / Zahra Zoglauer / Berkshire Hathaway HomeServices Commonwealth Real Estate

Last checked: Checking… • Last updated Nov 6, 2024 •

MLS# 73308908 —

The Building

Year Built:

1921
Year Built Details:

Actual
Year Built Source:

Public Records
Basement:

Walk-Out Access
Foundation Details:

Concrete Perimeter
Stories Total:

4
# of Units Total:

6
Building Area Total:

5445
Building Area Units:

Square Feet
Building Area Source:

Other

Interior

Rooms Total:

16
Fireplace:

false

Room Dimensions

Living Area:

5445

Location

Directions:

corner of the Dexter and Nichols Ave
Latitude:

42.368628
Longitude:

-71.16059

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Side by Side
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

2.3
Lot Size SqFt:

99999
Lot Size Acres:

2.3
Zoning:

NB
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

0017
Tax Annual Amount:

23.01
Tax Assessed Value:

1219300

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Spa:

false

Parking

Garage:

false
Parking Total:

6
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Listed / Active	MLSPIN	$2,375,000

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This multifamily located in Watertown Town, Watertown, MA 02472 is currently for sale for $2,375,000. 107 109 Nichols Ave is a 5,445 square foot multifamily with – beds and – baths that has been on Estately for 53 days. 107 109 Nichols Ave is in the Watertown Town neighborhood of Watertown and has a WalkScore® of 91, making it a walker’s paradise.

Listing Courtesy of: MLSPIN and Berkshire Hathaway HomeServices Commonwealth Real Estate.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.