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107-109 Nichols Ave

Watertown, MA 02472
1 of 6 Photos Map
$2,030,000
6 Beds
4 Baths
5,445 Living Area
  • 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
  • Highlights
    • Acres: 2
    • Parking Spots: 6
    • Property Type: 5+ Family - 5+ Units Side by Side
    • Total Rooms: 16
    • Status: Closed
    • Levels: 2
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1921
  • Additional Details
    • Basement: Walk-Out Access
    • Lot Features: Corner Lot
    • SqFt Source: Other
    • Year Built Details: Actual
    • Zoning: Nb
    • Foundation: Concrete Perimeter
    • Road Frontage Type: Public
    • Total Number of Units: 6
    • Year Built Source: Public Records
  • Amenities
    • Parking Features: Paved Drive, Driveway
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,219,300
    • Taxes: $23
    • Tax Year: 2024
    • Total Rent: $6,200

Location

107-109 Nichols Ave, Watertown, MA 02472

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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