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5-7 N. Margin St, Boston MA 02113

$5,800,000

Estimated $12,489.09/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $527,272.73

Total Rent: 48480/year

Estimated CAP Rate: 0.20%

21 Bedrooms

11 Full Baths

7,590 SqFt

Total Parking: 0

1,742 SqFt

5-7 N. Margin is a well-maintained, five-story brick building containing eleven units comprised of two 3-Bedroom/1-Bathroom units, six 2-Bedroom/1-Bathroom units, one 1-Bedroom/1-Bathroom unit, and two Studio units. The Property is fully leased and benefits from a brand-new roof and a newer Weil McLain Boiler (2021). The Property also has an on-site coin operated laundry facility. Several of the units have been renovated and feature hardwood floors, quartz countertops, and modern white cabinets. The Property is separately metered for electricity, which the tenants pay directly. The Landlord is responsible for common area electric, central heat and hot water, and domestic water and sewer. Centrally located in the North End and 0.4 miles to Boston’s North Station, the Property offers the rare opportunity to acquire an outstanding, fully leased core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.

This home has been viewed 71 times

Last Checked: October 7th, 2024 at 6:49pm (Source: MLS PIN #73252272)

Gross Income: $48,480

Gross Expenses: $37,013

Net Income Calc: $11,467

CAP Rate: 0.20%

Annual Expenses for 5-7 N. Margin St, Boston MA 02113

Total Gross Expenses (Calculated)$37,013/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$37,013

Annual Income & Unit Breakdown for 5-7 N. Margin St, Boston MA 02113

Total Gross Income (Calculated)$48,480

Unit 1

Rental Income$2,215

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat

Unit 2

Rental Income$1,825

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat

General Information for 5-7 N. Margin St, Boston MA 02113

Listing ID73252272

Property TypeMulti Family

Price$5,800,000 ($764.16/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaNorth End

Neighborhood(s)

Approximate Living Area Total7,590 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesOther

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 5-7 N. Margin St, Boston MA 02113

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$97,396

Total Gross Income By Broker$402,332

Total Net Income By Broker$304,926

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.75%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 5-7 N. Margin St, Boston MA 02113

Real Estate Taxes$37,013

Tax Year2024

Assessed Value$3,363,100

Financial Data SourceNo

Total Gross Expenses By Broker$97,396

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$402,332

BostonRealEstate.com Gross Income

Total Net Income By Broker$304,926

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.20%

Location Information for 5-7 N. Margin St, Boston MA 02113

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaNorth End

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University

Contact Information for 5-7 N. Margin St, Boston MA 02113

Agent

Name: Dennis Kelleher

Office

Name: Horvath & Tremblay

Phone: 781-776-4000

Team Members

Name: John Pentore

Phone: 781-776-4004

Payment Calculator

, Interest

Property Taxes 3084.42

Principal & Interest 35737.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Dennis Kelleher

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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EXIT

Withdrawn

5-7 N. Margin St, Boston MA 02113

$5,800,000

Annual Expenses for 5-7 N. Margin St, Boston MA 02113

Annual Income & Unit Breakdown for 5-7 N. Margin St, Boston MA 02113

General Information for 5-7 N. Margin St, Boston MA 02113

Disclosures for 5-7 N. Margin St, Boston MA 02113

Financial Information for 5-7 N. Margin St, Boston MA 02113

Location Information for 5-7 N. Margin St, Boston MA 02113

Contact Information for 5-7 N. Margin St, Boston MA 02113

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Horvath & Tremblay

Dennis Kelleher