47A North Margin Street, Boston, (North End), MA, 02113
22 rooms
8 beds
7 Full baths
1920
5,480 sqft
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.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
7
Zoning:
A
Levels:
4
Parking:
On Street
Acreage:
0.04
Est. Taxes:
$15,056
Assessment
$1,300,200
Construction
Brick
Lot Description:
Other
Amenities:
Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
Elementary School:
Eliot School
Middle School:
Eliot School
High School:
N/A
MLS #:
73491674
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Elisabeth Ventresca, Greenway Realty Group, LLC