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INVESTMENT SNAPSHOT
About this property
Introducing 47A North Margin St, a rare investment opportunity on a quiet residential street in Boston’s North End. This 4-story, 6,850 sq ft multifamily property features 7 units: six 1-bed/1-bath units and one 2-bed/1-bath unit.All 1-bedroom units are leased through August 31, 2026, providing stable income. The 2-bedroom unit is vacant, offering immediate upside through lease-up or repositioning. Rents are well below market, creating strong value-add potential in “as-is” condition.The property generates $171,000 in gross income with $29,806 in expenses, resulting in a $141,194 Net Operating Income (NOI).A rare chance to enhance cash flow, add value, or hold a prime asset in a highly sought-after neighborhood. Rent roll available upon request.
Property details
| Units | 7 |
| Living area | 5,480 sqft |
| Lot size | 1,695 sqft |
| Year built | 1920 |
| Price / sqft | $657 |
| County | Suffolk |
| MLS # | 73491674 |
Listing status
| Days on market | 4 days |
| Listed on | March 25, 2026 |
Taxes & financials
| Annual property tax | $15,056 |
| Tax year | 2025 |
| Assessed value | $1,300,200 |
| Zoning | A |
| Gross income (actual) | $171,000/yr |
| Net operating income (actual) | $141,194/yr |
| Total actual rent | $4,600/mo |
| Electric expense | $2,350/yr |
| Insurance expense | $7,500/yr |
Building & lot
| Stories | 4 |
| Total rooms | 22 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Brick |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Greenway Realty Group, LLC — Elisabeth Ventresca. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 47A North Margin Street, Boston MA 02113 have?
It is a 7-unit multi-family property with 5,480 sqft of living area, built in 1920.
How long has 47A North Margin Street, Boston MA 02113 been on the market?
47A North Margin Street, Boston MA 02113 has been listed for 4 days (since March 25, 2026).
What is the estimated cap rate on this 7-family in Boston?
Based on area median rents, the estimated cap rate is about 5.0%, with a Signal Score of 86/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $3,600,000 across 7 units, that works out to roughly $514,286 per unit.
What are the property taxes on 47A North Margin Street, Boston MA 02113?
Annual property taxes are $15,056 (2025), on an assessed value of $1,300,200.
What is the price per square foot?
At $3,600,000 for 5,480 sqft, that's about $657 per square foot.
Where is this property located?
47A North Margin Street, Boston MA 02113 is in Boston, Suffolk County, MA 02113.
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