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