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
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.