47A North Margin Street, Boston, MA 02113
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
47A North Margin Street,Boston, MA 02113
$3,600,000
- 8 Beds
- 7 Baths
- 5,480 sq. ft.
- Multi-family
- Active
Listed by: elisabeth ventresca, sandra ventresca
Office: greenway realty group, llc
MLS#:73491674
Source:MLSPIN
Price summary
- Price:$3,600,000
- Price per sq. ft.:$656.93
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.
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Home facts
- Year built:1920
- Listing ID #:73491674
- Updated:March 25, 2026 at 09:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:7
- Rooms Total:22
- Living area:5,480 sq. ft.
Structure and exterior
- Roof:Rubber
- Year built:1920
- Building area:5,480 sq. ft.
- Lot area:0.04 Acres
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
Schools
- High school:N/A
- Middle school:Eliot School
- Elementary school:Eliot School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,600,000
- Price per sq. ft.:$656.93
- Tax amount:$15,056 (2025)
Parking
- Parking description:On Street
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