Off Market
56 N Margin St, Boston, MA
Boston · MA 02113
- $3,399,999
- Price
- 9
- Beds
- 5
- Baths
- 3780
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
5 Units
Lot size:
1,330 Sq.Ft Lot
Price per square foot:
$899 / Sq.Ft
Parking:
No Parking
About this home
Immaculate North End Boston, Five Unit Multi Family, with potential to convert to Sixth Unit. Golden Opportunity to own a family owned, multi-family brick building in one of Boston's most iconic locations, the North End. Current rents below market value. Potential for Value Add unit or 1031 Exchange. Convert third floor larger unit back to 2 units, totaling 6 units. (1)One Bedroom, One bath with Courtyard Outdoor Space; (2) Three Bedrooms, One Bath; (2) 1 Bedroom plus Bonus Room, One Bath. Current Rent Roll is $125,540/year does not include owner unit. Unit 1 is currently owner occupied. Projected rent rate $2600/month. Unit 4R is currently below market, Projected rent - $2100/month. A solid investment for rental income or potential opportunity for a condo conversion. Fully Leased through August 2023.
Neighborhood & Transit
North End
56 N Margin St, Boston · MA 02113
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
North Station GreenOrange Commuter Rail 4 routes 0.14 mi
- Fitchburg Line
- Haverhill Line
- Lowell Line
- Newburyport/Rockport Line
-
Haymarket GreenOrange 0.14 mi
-
Bowdoin Blue 0.35 mi
-
State BlueOrange 0.37 mi
-
Government Center BlueGreen 0.37 mi
-
Aquarium Blue 0.41 mi
Price Insight
- Days on Market:
- 1441 days
- Listing Price:
- $3,399,999
- Price per Sq.Ft:
- $899
- Tax Assessment:
- $1,375,100 in 2022
- Taxes:
- $1,247 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 3,780 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3780
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1,330 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Frank Ventresca
- Listing office
- Strategy Street
- MLS PIN #
- 73060461