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107-109 Nichols Ave Watertown. MA 02472

$2,375,000

Multi Family

0 Bedrooms

0 Bathrooms

5,445 sq ft

6 Parking Spots

2.3 Acres

Built in 1921

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

This listing has been viewed 20 times in the past 19 days

Last Updated: November 6th, 2024 at 6:54am

General Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Property TypeResidential Income

Property Sub TypeMulti Family

Price$2,375,000

Price per sqft$436.18

MLS #73308908

Handicap Access / FeaturesNo

List Date2024-11-01

Special Listing ConditionsNo

StateMassachusetts

Street NameNichols Ave

CityWatertown

Zip Code02472

CountyMiddlesex

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date

Property Sub TypeMulti Family

Building Area SourceOther

Building Area Total5445

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress107-109 Nichols Ave, Watertown MA 02472

Zoning

Interior Features for 107-109 Nichols Ave, Watertown, Massachusetts 02472

* Approx. Living Area Total5,445 sq ft

Living Area Includes BasementNo

Bedrooms0

* # Fireplaces0

Bathrooms (Total)0

Full Baths0

* # Half Baths0

* # Rooms

Basement

Heating System

AppliancesNo

Electric

Living Area DisclosureInclude Residential, Commercial

Living Area Includes BasementNo

Door FeaturesNo

ElectricYes

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_13

MLSPIN_BEDRMS_23

MLSPIN_BEDRMS_3

MLSPIN_BEDRMS_4

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_12

MLSPIN_F_BTHS_22

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_4

MLSPIN_GRE$14,945

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_4

OffMarketDate

Exterior Features for 107-109 Nichols Ave, Watertown, Massachusetts 02472

* Approximate Lot Size2.3 acres

Covered Parking Spaces0

Lot FeaturesCorner Lot

* Parking Spaces6

* Sewer Utilities

* Water Utilities

* Year Built1921

Year Built Details

Year Built SourcePublic Records

Construction MaterialsNo

Exterior Features

Foundation Area

Foundation MaterialsConcrete Perimeter

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)99,999 Sqft

Disclosures for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Buyer Agent Compensation

Contingency

FinancingNo

Disclosures

Documents AvailableNo

Exclusions

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintUnknown

Living Area DisclosureInclude Residential, Commercial

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data SourceNo

Gross Income$69,600

Insurance Expense$6,645

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_4

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT12900

MLSPIN_RENT22900

MLSPIN_RENT3

MLSPIN_RENT4

MLSPIN_RFS$0

MLSPIN_RME$0

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$54,655

OperatingExpense$14,945

OriginalListPrice$2,375,000

RENT_FEE_INCLUDESNo

TOTAL_RENT5800

WaterSewerExpense$8,300

Lifestyle Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool FeaturesNo

Waterfront FeaturesNo

Location information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Elementary School

Middle School

High School

NumberOfUnitsTotal6

Marketing History for 107-109 Nichols Ave, Watertown, Massachusetts 02472

MLSPIN_MARKET_TIME_BROKER4

MLSPIN_MARKET_TIME_PROPERTY4

PurchaseContractDate

Agent Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Agent MLS IDCN200502

Office MLS IDAN4878

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 14633.99

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Zahra Zoglauer

Berkshire Hathaway HomeServices Commonwealth Real Estate

Agent Phone

(617) 320-5815

Office Phone

(617) 926-5280

Text Agent Call Agent Call Office

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    [f_3305] => 1
    [field_3307] => 2
    [field_3308] => 2
    [field_3309] => 
    [field_3310] => 
    [field_3226] => 99999
)

Array
(
    [property_type] => Array
        (
            [field_id] => 3
            [type] => property_types
            [name] => Property Type
            [value] => Residential Income
        )

[field_3236] => Array
        (
            [field_id] => 3236
            [type] => select
            [name] => PropertySubType
            [value] => 5+ Family - 5+ Units Side By Side
        )

[listing] => Array
        (
            [field_id] => 2
            [type] => listings
            [name] => Listing Type
            [value] => For Sale
        )

[field_3176] => Array
        (
            [field_id] => 3176
            [type] => number
            [name] => Full Bathrooms
            [value] => 0
        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Active
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[f_131] => Array
        (
            [field_id] => 131
            [type] => feature
            [name] => Swimming Pool
            [values] => Array
                (
                    [0] => No
                )

)

[f_140] => Array
        (
            [field_id] => 140
            [type] => feature
            [name] => Pet Policy
            [values] => Array
                (
                    [0] => No
                )

)

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W72° 50' 21.9'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 22' 7.1'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Berkshire Hathaway HomeServices Commonwealth Real Estate
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => CN200502
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3046] => Array
        (
            [field_id] => 3046
            [type] => feature
            [name] => ASSC_FEE_INCLUDES
            [values] => Array
                (
                    [0] => No
                )

)

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 436.18
            [unit_id] => 260
            [value] => $436
            [price_only] => $436
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 4
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 05/11/2024 08:05:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 107
        )

[f_3102] => Array
        (
            [field_id] => 3102
            [type] => feature
            [name] => Waterfront
            [values] => Array
                (
                    [0] => No
                )

)

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => Y
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => Y
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 54655
            [unit_id] => 260
            [value] => $54,655
            [price_only] => $54,655
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 2900
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 6
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 2900
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => Public
                )

)

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 5800
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3156] => Array
        (
            [field_id] => 3156
            [type] => text
            [name] => SQUARE_FEET_DISCLOSURES
            [value] => Include Residential, Commercial
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[f_3166] => Array
        (
            [field_id] => 3166
            [type] => feature
            [name] => RENT_FEE_INCLUDES
            [values] => Array
                (
                    [0] => No
                )

)

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 617-926-5280
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 617-320-5815
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Other
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 5445
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3190] => Array
        (
            [field_id] => 3190
            [type] => feature
            [name] => ConstructionMaterials
            [values] => Array
                (
                    [0] => No
                )

)

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 6
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 0
        )

[f_3195] => Array
        (
            [field_id] => 3195
            [type] => feature
            [name] => CurrentFinancing
            [values] => Array
                (
                    [0] => No
                )

)

[f_3196] => Array
        (
            [field_id] => 3196
            [type] => feature
            [name] => DocumentsAvailable
            [values] => Array
                (
                    [0] => No
                )

)

[f_3198] => Array
        (
            [field_id] => 3198
            [type] => feature
            [name] => DoorFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => No
                )

)

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Concrete Perimeter
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 0
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 69600
            [unit_id] => 260
            [value] => $69,600
            [price_only] => $69,600
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 6645
            [unit_id] => 260
            [value] => $6,645
            [price_only] => $6,645
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 01/11/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Corner Lot
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 99,999 Sqft
            [raw] => 99999
            [unit_id] => 1
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 14945
            [unit_id] => 260
            [value] => $14,945
            [price_only] => $14,945
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 2375000
            [unit_id] => 260
            [value] => $2,375,000
            [price_only] => $2,375,000
        )

[field_3234] => Array
        (
            [field_id] => 3234
            [type] => textarea
            [name] => PrivateOfficeRemarks
            [value] => Please do not walk to the building without an appo
        )

[f_3238] => Array
        (
            [field_id] => 3238
            [type] => feature
            [name] => SpecialListingConditions
            [values] => Array
                (
                    [0] => No
                )

)

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 107-109 Nichols Ave, Watertown MA 02472
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 8300
            [unit_id] => 260
            [value] => $8,300
            [price_only] => $8,300
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Actual
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[f_3247] => Array
        (
            [field_id] => 3247
            [type] => feature
            [name] => BusinessType
            [values] => Array
                (
                    [0] => No
                )

)

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 01/11/2024 22:08:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 3
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 3
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 2
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 2
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 14945
            [unit_id] => 260
            [value] => $14,945
            [price_only] => $14,945
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Unknown
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 1
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN6527
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 4
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 436.18
            [unit_id] => 260
            [value] => $436
            [price_only] => $436
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3295] => Array
        (
            [field_id] => 3295
            [type] => select
            [name] => MLSPIN_WATERVIEW_FLAG
            [value] => No
        )

[field_3296] => Array
        (
            [field_id] => 3296
            [type] => select
            [name] => OpenParkingYN
            [value] => 1
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[f_3304] => Array
        (
            [field_id] => 3304
            [type] => feature
            [name] => AssociationAmenities
            [values] => Array
                (
                    [0] => No
                )

)

[f_3305] => Array
        (
            [field_id] => 3305
            [type] => feature
            [name] => TenantPays
            [values] => Array
                (
                    [0] => No
                )

)

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 2
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 2
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 6
        )

)

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Active

107-109 Nichols Ave Watertown. MA 02472

$2,375,000

General Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Interior Features for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Exterior Features for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Disclosures for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Financial Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Lifestyle Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Location information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Marketing History for 107-109 Nichols Ave, Watertown, Massachusetts 02472

Agent Information for 107-109 Nichols Ave, Watertown, Massachusetts 02472

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Zahra Zoglauer

Berkshire Hathaway HomeServices Commonwealth Real Estate