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.
This home has been viewed 7 times
Last Checked: June 27th, 2026 at 4:29am (Source: MLS PIN #73491674)
Gross Income: $55,200
Gross Expenses: $29,806
Net Income Calc: $25,394
Annual Expenses for 47A North Margin Street, Boston MA 02113
Total Gross Expenses (Calculated)$29,806/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15056.31
Annual Income & Unit Breakdown for 47A North Margin Street, Boston MA 02113
Total Gross Income (Calculated)$55,200
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 47A North Margin Street, Boston MA 02113
Listing ID73491674
Property TypeMulti Family / 5+ Family
Price3600000 ($656.93/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaNorth End
Neighborhood(s)
Approximate Living Area Total5480
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 47A North Margin Street, Boston MA 02113
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Exclusions
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 47A North Margin Street, Boston MA 02113
Real Estate Taxes15056.31
Tax Year2025
Assessed Value$1,300,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 47A North Margin Street, Boston MA 02113
Elementary SchoolEliot School
Middle SchoolEliot School
High SchoolN/A
Neighborhood(s)
MLS AreaNorth End
Area AmenitiesWalk/jog Trails
Contact Information for 47A North Margin Street, Boston MA 02113