Seller's Agent in 2014
Chris Sower
Cushman & Wakefield
(617) 204-4134
40 Total Sales
35 N. Margin St. is a 10-unit brick apt bldg. The property consists of a four-story brick bldg over basement. The unit mix of the bldg includes 2 studios, 1 one-bedroom unit & 7 two-bedroom units. Eight of the units have been newly renovated with granite and stainless steel appliances and the remaining 2 offer value-add potential through unit renovations. Eight of the units also have separate split systems which provide heating and central air & hot water is provided through individual hot water tanks. The bldg offers newly re-carpeted & re-painted common area space and coin-operated laundry in the basement. There is also the opportunity for a potential buyer to explore bldg a roof-deck, an extremely popular amenity for N. End residents. The 8 previously renovated units are currently rented at a discount, and the potential to increase rents in the future months is expected. 35 N. Margin St. is a value-add investment opportunity. The bldg will be delivered with the in-place tenants.
Home Type
Multi-Family
Year Built
1920
Lot Details
6,970 Sq Ft Lot
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2014 09/03/14 | Sold | $4,200,000 | -10.6% | $761 / Sq Ft |
| 08/04/2014 08/04/14 | Pending | -- | -- | -- |
| 05/27/2014 05/27/14 | For Sale | $4,700,000 | -- | $852 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $39,491 | $3,410,300 | $894,900 | $2,515,400 |
| 2024 | $38,194 | $3,504,000 | $894,900 | $2,609,100 |
| 2023 | $38,594 | $3,593,500 | $894,900 | $2,698,600 |
| 2022 | $38,435 | $3,532,600 | $894,900 | $2,637,700 |
| 2021 | $37,511 | $3,515,600 | $863,800 | $2,651,800 |
| 2020 | $35,609 | $3,372,100 | $863,800 | $2,508,300 |
| 2019 | $34,961 | $3,317,000 | $863,800 | $2,453,200 |
| 2018 | $33,342 | $3,181,500 | $830,900 | $2,350,600 |
| 2017 | $32,591 | $3,077,500 | $790,700 | $2,286,800 |
| 2016 | $32,307 | $2,937,000 | $732,300 | $2,204,700 |
| 2015 | $32,618 | $2,693,500 | $575,200 | $2,118,300 |
| 2014 | $27,362 | $2,175,000 | $493,100 | $1,681,900 |
Seller's Agent in 2014
Chris Sower
Cushman & Wakefield
(617) 204-4134
40 Total Sales
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71688142
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