107-109 Nichols Ave, Watertown MA 02472
About this home
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
Sale Statistics
This property sold for 14.5% below the original asking price.
At 114 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
107-109 Nichols Ave, Watertown MA 02472
Watertown, MA 02472
Walkability
Schools
School information not available
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Property History
Market Insights
Property Timeline
Sold
Apr 4, 2025Listed for Sale
Nov 1, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/04/2025 | âś“ Sold | $2,030,000 | - | - | Property sold |
| 11/01/2024 | 🏠Listed for Sale | $2,375,000 | - | - | Original listing |