$3,600,000

47A North Margin Street, Boston, MA 02113

  • 8 beds |
  • 7 baths |
  • 5,480 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $657/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 25, 2026
Data Last Updated:
April 5, 2026 at 7:07AM
Listing Office:
Greenway Realty Group, LLC : 617-377-4913
Listing Agent:
Elisabeth Ventresca : 781-389-8251
MLS ID:
73491674
  • Fireplace: Fireplaces: 0
  • Parking: On StreetParking spaces: 0
  • Roofing: Rubber
  • General: Brick4Concrete Perimeter
  • Originating MLS: MLS Property Information Network
  • County: Suffolk
  • Zoning: A03013050003365038
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Elisabeth Ventresca , Greenway Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eliot K-8 School

16 Charter St, Boston, MA, 02113

Grades PK-8

0.18 miles away

E

Eliot K-8 School

16 Charter St, Boston, MA, 02113

Grades PK-8

0.18 miles away

C

Charlestown High School

240 Medford St, Charlestown, MA, 02129

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.