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Listing Details
- $3,600,000
- MLS# 73491674
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Greenway Realty Group, LLC
Agency Phone: 617-377-4913
Agent Name: Elisabeth Ventresca
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
Introducing 47A North Margin St, a rare investment opportunity on a quiet residential street in Bostons 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,...read more
Features
- 4.0 Stories
- $15,056 Taxes
- Public
- Built in 1920
Gallery
Listed By
Agency Name: Greenway Realty Group, LLC
Agency Phone: 617-377-4913
Agent Name: Elisabeth Ventresca
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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