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$3,600,000

Active

47A North Margin Street

Boston, MA, 02113

Multi-Family · MLS #73491674

Price/sqft

$657

Days on market

New today

Year built

1920

Lot size

0.04 ac

5,480 sq ft

Sq Ft

0.04 acres

Lot

1920

Year Built

Taxes: $15,056.31 (2025)

About this home

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.

Property details

Road type
Publicly Maint.

Listed by Elizabeth Ventresca · Greenway Realty Group, LLC

Schedule a showing

47A North Margin Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$20,958 / month

Down payment20% · $720,000
Interest rate6.50%

Loan term

Principal & interest
$18,204
Property tax
$1,255
Home insurance
$1,500

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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