47a North Margin Street
$3,600,000
8
Beds
7
Baths
5,480
Sqft
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$3,600,000
8
Beds
7
Baths
5,480
Living Area
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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.
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Highlights
- Area: North End
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Levels: 4
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Active
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Additional Details
- Construction: Brick
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: A
- Foundation: Concrete Perimeter
- Roof: Rubber
- Total Number of Units: 7
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,300,200
- Taxes: $15,056
- Tax Year: 2025
- Total Rent: $4,600
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Greenway Realty Group, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.