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.
- Parking:
- On Street
- Construction:
- Brick
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Listing broker is related to ownership.
- Garage Parking
- Lead Paint:
- Unknown
- Area:
- North End
- Grade School:
- Eliot School
- High School:
- N/A
- Middle School:
- Eliot School
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $657
- Zoning:
- A
- No Units:
- 7
- Orig Price:
- $3,600,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02113
- Longitude:
- W72° 56' 36.5''
- Latitude:
- N42° 21' 54.1''
Residential Income
47A North Margin Street, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,600,000
- Bedrooms :
- 8
- Rooms :
- 22
- Total Bathrooms :
- 7
- Full Bathrooms :
- 7
- Square Footage :
- 5,480 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.04 Acre
- Listing ID :
- 73491674
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com