Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Area: North End
- Zip Code: 02113
- Levels: 4
- Parking
- Parking: On Street
- Rooms and Dimensions
- Total Units: 7
- Total Floors: 4
- Total Rooms: 22
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$3,600,000
- Status: New
- Listing ID: 73491674
- Bedrooms: 8
- Full Baths: 7
- Living Area: 5,480 sqft Convert
- Lot Size: 1,695 sqft Convert
- Acres: 0.04
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |