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$ 3,600,000
Est. payment /mo
Active
47A North Margin Street Boston, MA 02113
8 Beds
7 Baths
5,480 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,480 sqft
Price per Sqft $656
MLS Listing ID 73491674
Bedrooms 8
Full Baths 7
Year Built 1920
Annual Tax Amount $15,056
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type 5-9 Family
Property Description
Introducing 47A North Margin St, a rare investment opportunity on a quiet residential street in Boston's 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.
Location
State MA
County Suffolk
Area North End
Zoning A
Direction GPS
Exterior
Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Eliot School
Middle Schools Eliot School
Others
Senior Community false
Listed by Greenway Realty Group, LLC
NEARBY SCHOOLS & PROPERTIES
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