$3,600,000
$900K PRICE DROP

Estimated payment $20,341/month

Total Views 3,516
8 Beds
7 Baths
5,480 Sq Ft
$657 Price per Sq Ft

Highlights

  • 0.04 Acre Lot
  • 4-minute walk to North Station
  • Shops
  • Property is near public transit
  • Park
  • 2-minute walk to DeFilippo Playground

About This Home

Introducing 47 A North Margin Street located on a quiet residential side street in Boston's North End. This Large Multi Family Property consists of 7 units, one (1) 2 - Bedroom/1 Bath Unit and six (6) 1- Bedroom/1 Bath Units. This four story building is a sweeping 6,850 square feet of endless possibilities. All units are leased through August 31, 2026. All rents are below market rate even with "as is" condition. Building generates (GOI) $171,000 annually, Expenses $29,806 and (NOI) $141,194. Great asset in one of the most coveted Cities and Neighborhoods in the country. Rent roll provided upon request.

Listing Agent

Lisa Ventresca

Greenway Realty Group, LLC Listed on: 07/08/2025

Co-Listing Agent

Sandra Ventresca

Greenway Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,056

Year Built

  • Built in 1920

Lot Details

  • 1,695 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,480 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Eliot Elementary And Middle School

Listing and Financial Details

  • Assessor Parcel Number 0301305000,3365037

Community Details

Overview

  • 7 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $2,350
  • Insurance Expense $7,500
  • Water Sewer Expense $4,900
  • Operating Expense $29,806
  • Net Operating Income $141,194

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,056

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Above Grade Finished Sq Ft: 5480
  • Living Area: 5480
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN3781

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4900

Lot Info

  • Parcel Number: 0301305000,3365037
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1695
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15056.31

Multi Family

  • Electric Expense: 2350
  • Insurance Expense: 7500
  • Net Operating Income: 141194
  • Number Of Units Total: 7
  • Operating Expense: 29806
  • Total Actual Rent: 4600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: N/A
  • Elementary School: Eliot School
  • Middle Or Junior School: Eliot School

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $3,600,000 -9.9% $657 / Sq Ft
08/13/2025 08/13/25 Price Changed $3,995,000 -11.2% $729 / Sq Ft
07/08/2025 07/08/25 For Sale $4,500,000 -- $821 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73401366

MLS Property Information Network (MLS PIN)