109 Nichols Ave , Watertown, MA 02472
Watertown, MA 02472
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
Details
| MLS# | 73278109 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 162 |
| Listing Provided By | Berkshire Hathaway HomeServices Commonwealth Real Estate | Zahra Zoglauer |
Features
| Zoning | NB |
|---|---|
| Acreage | 0.13 |
Market Activity 02472
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Watertown |
| Zip Code | 02472 |
| Area | Middlesex |
| Listing VS Median (in 02472) | |
Price: $2,375,000 low | high Med: $4,500 On Site: 162 low | high Med: 43.000000 | |