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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.

More Info

Basic Information

  • Gross Income $171,000
  • Lot Features Other
  • Mls StatusActive
  • Parcel Number 0301305000,3365038

Tax Information

  • Tax Assessed Value $1,300,200
  • Tax Year 2025
  • Taxes$15,056

School Information

  • Elementary SchoolEliot School
  • High SchoolPepperell
  • High School N/A
  • Junior HighEliot School

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms8
  • Full Bath7

Basic Information

  • List Price$3,600,000
  • MLS Number73491674
  • Modification Date03/29/2026
  • Property SubType5-9 Family

Location

  • Address47A North Margin Street
  • Building Number47a
  • CountySuffolk
  • NeighborhoodNorth End
  • StateMA
  • StreetNorth Margin Street
  • SubdivisionNorth End
  • TownBoston
  • Zip02113

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationConcrete Perimeter
  • Levels 4
  • Rooms22
  • Stories4
  • Units7
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.04

Exterior

  • RoofRubber

Utilities

  • Electric Expense 2350
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,480
  • Lot Size Square Feet 1,695
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet5,480

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station

Legal

  • ZoningA

Other

  • Date Listed03/25/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Elisabeth Ventresca of Greenway Realty Group,LLC

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