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.
| MLS Listing ID: | 73491674 |
|---|---|
| Listing Price: | $3,600,000 |
| Listing Status: | Active [?] |
| Neighborhood: | North End |
| Property Type: | Multi Family |
| Bedrooms: | 8 |
| Full Baths: | 7 |
| Living Space: | 5480 sf. |
| Lot Size: | 0.04 acres (1695 sf.) |
| Parking: | - |
| Taxes: | $15,056.31 |
| Tax Year: | 2025 |
Listing Current as of April 01, 2026 10:00am
This listing brought to you by Elizabeth Ventresca of Greenway Realty Group, LLC.
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