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.
5,480 Sq Ft
1,695 Sq Ft Lot Size
investment
US$15,056 Annual Tax
Built in 1920
MLS/Listing ID 73491674
4 Stories
7 Units
Community - Laundromat
Community - Public School
Community - T-Station
Rubber
Community - Highway Access
Parking - On Street
Concrete Perimeter
Construction - Brick
Community - Park
Community - Public Transportation
Community - Shopping
TOTAL MONTHLY COST
US$0
US$0
US$0