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Est. Mortgage: $/month

Federal 30-year interest rate: 6.58% last updated on 2022-11-23

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56 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 0211356 N Margin Street Boston MA 02113
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  • $3,399,999List Price
  • 9Bedrooms
  • 5Bathrooms
  • 3,780Square Feet
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.
Listed by Frank Ventresca of Strategy Street

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Boston MA,

Office: 617-964-3497

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More Info

Basic Information

  • Gross Income $125,400
  • Lot Features Level, Other
  • Mls StatusNew
  • Parcel Number W:03 P:01379 S:000,3365208

Location

  • Address56 N Margin Street
  • Building Number56
  • CountySuffolk
  • NeighborhoodNorth End
  • StateMA
  • StreetN Margin Street
  • SubdivisionNorth End
  • TownBoston
  • Zip02113

Tax Information

  • Tax Assessed Value $1,375,100
  • Tax Year 2022
  • Taxes$14,961

Basic Information

  • List Price$3,399,999
  • MLS Number73060461
  • Modification Date11/23/2022
  • Property SubType5+ Family - 5+ Units Side by Side

Property

  • Acreage0.03

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,780
  • Lot Size Square Feet 1,330
  • Lot Size Units Acres
  • Square Feet3,780

Parking

  • Parking Spaces

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms9
  • Full Bath5

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Garage Spaces
  • Rooms21
  • Stories4
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1.5
  • Date Listed11/23/2022
  • Farm Land Area Units Square Feet

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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VIEW ALL TESTIMONIALS >

Beth Freeman is experienced and is at the very "top of her game." She is a good negotiator, thorough, and honest. who knew more about what we needed than we did ourselves. Because she served us well we highly recommend her.

Hi Beth-It was a pleasure working with you on this sale. You did a really excellent job--and smoothed the way with the sellers and with getting the work done on the apartment that was needed to complete the conditions of sale. [...]