BEDS8
BATHS7 full
SQUARE FEET5,480
MLS#73491674
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Introducing 47A North Margin St, a rare investment opportunity on a quiet residential street in Bostons North End. This 4-story, 6,850 sq ft multifamily property features 7 units: six 1-bed/1-bath units and one 2-bed/1-bath unit.All 1-bedroom units are leased through August 31, 2026, providing stable income. The 2-bedroom unit is vacant, offering immediate upside through lease-up or repositioning. Rents are well below market, creating strong value-add potential in as-is?? condition.The property generates $171,000 in gross income with $29,806 in expenses, resulting in a $141,194 Net Operating Income (NOI).A rare chance to enhance cash flow, add value, or hold a prime asset in a highly sought-after neighborhood. Rent roll available upon request.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.04 Acres
Roof Type: Rubber
Stories: 4.0
Taxes: $15,056
Year Built: 1920
Feature Descriptions
Building Area Total: 5480
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 28
Dwelling Type: 5-9 Family
Exterior: Brick
Lot Features: Other
Open Parking Y/N: Yes
Parcel Number: 0301305000,3365038
Parking Features: On Street
Parking Total: 0
Road Responsibility: Public Maintained Road
Rooms Total: 22
Sewer: Public Sewer
Units: 7
Water: Public
Local Schools
High School: N/A
Middle School: Eliot School
Elementary School: Eliot School
Listed By / Shown By
Listed By
Agency Name: Greenway Realty Group, LLC
Agency Phone: 617-377-4913
Agent Name: Elisabeth Ventresca
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 10,316.71 per month $8,012.04 Principal & Interest $1,254.67 Property Tax $1,050.00 Homeowner's Insurance
47a North Margin Street | MLS# 73491674
This multi-family property located at 47a North Margin Street, Boston, MA 02113 is currently listed for sale with an asking price of $3,600,000. Search Boston real estate on www.masiellogrouprealestate.com today.