About this home
Property Details: • Type: Multi-Family • Bedrooms: 8 • Bathrooms: 7 • Square Feet: 5480 • Lot/Size: 1,695 sqft lot
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 as
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