56 N Margin St

Boston, MA 02113 View Map $3,399,999 Schedule a Tour
Beds9
Baths5
Sq.Ft.3,780
Year1910
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ERA Key Realty

ERA Key Realty

(508) 372-6600
 
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Status: Active
Property Type:5+ Family - 5+ Units Side By Side
MLS #:73060461
Sq. Feet:3,780
On Site:5 Days
Lot Size:0.03 Acres
County:Suffolk
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.

Thank you for you interest in this home in Boston MA. This particular property consist of 9 bedrooms, and 3780 sf of living space.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:56 N Margin St Boston, MA 02113
County:Suffolk
City:Boston
Zip Code:02113

Architecture

Bedrooms: 9
Bathrooms: 5
Year Built:1910
Stories:4
Building Area: 3780

Features / Amenities

Total Rooms:21

Property Features

Lot Size: 0.03 Acres
Lot Features: Level
Sewer: Public Sewer
Water: Public
Zoning:R4
Directions:Cooper to North Margin | GPS

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $14,961
Gross Income: $125,400
Net Operating Income: $40,800
Total Actual Rent: $10,450
Buyer Agency Compensation: 1.5
Buyer Agent Compensation: 1.5

Listing Agent/Office

Listing provided courtesy of Frank Ventresca, Strategy Street.

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56 N Margin St Boston, MA 02113
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56 N Margin St Boston, MA 02113
 
ASAP
Mon
28
Nov
Tue
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Nov
Thu
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Dec
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Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 11/27/2022