11 Nichols Ave, Watertown, MA 02472



Approx. GLA
Great income producing mixed-use four units building.Three residential units are newly renovated 3 beds/2 baths each. New kitchens and bathrooms, updated electrical and plumbing systems, new engineered flooring. Stylish kitchens with granite counter tops. Equipped with stainless steel Samsung high end kitchen appliances and GE washers/dryers. Four new high efficiency Bosch gas boilers with tank less on demand water heaters. New in wall air conditioners. All utilities are separate, including water. Three storage units in a spacious main basement. Plenty of off street parking and grassed backyard. Fourth unit facing street can be used for any business permitted by NB zoning. It has its own basement with separate entrance. Great location, close proximity to restaurants, shopping at Arsenal Mall, Playground and Charles River promenade,15 mins by bus to Harvard Square,close to I90 Masspike entrance and commuter rail station.
Open House
No scheduled Open Houses
Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
List Price: $1,899,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 9
Baths: 5
Half Baths: 4
Units: 4
Year Built: 1880
Approx. GLA: 4,450
MLS#: 72353007
Basement: Yes
Cooling Units: 9
Cooling Zones: 13
Electricity Cost: $3,400
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 4
Heating Zones: 4
Hot Water: Natural Gas, Tankless
Rooms: 17
Lead Paint: Unknown
Total Floors: 3
Water: No
Acres: 0.16
Lot Size: 7,034.00
Lot Description: Paved Drive, Fenced/Enclosed, Level
Foundation: Fieldstone
Parking Spaces: 7
Parking Features: Off-Street, Paved Driveway
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Utility: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $892,300
Taxes: $12,019
Tax Year: 2018
Book/Page: 67873/178
Beach: No
Expenses Source: Owner Provided
Gross Income: $167,000
Gross Expenses: $69,200
Total Rent: $14,000
Net Income: $97,800
Gas Cost: $3,000
Insurance Cost: $3,600
Sewer Cost: $1,600
Water Cost: $1,600
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
Disclosure Declaration: No
Disclosure: This is mix use property. Listing agent has ownership interest in a building. See floor/plot plans and info about area and new building across the street in attachments.
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 1 No 1 $2,200
Unit 2 5 3 0 2 1 1 No 1 $2,300
Unit 3 6 3 0 3 2 0 No 1 $2,500
Unit 4 1 0 0 1 1 1 No 1 $1,100
The listing office is Keller Williams Realty Westborough and the listing agent is MetroBest Realty Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the images, 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. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/17/2018 7:35:00 AM.
Muneeza Realty Group
Muneeza Realty Group
Keller Williams Realty