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$3,399,999
9 Days Online

56 N Margin St
Boston, MA02113

For Sale|Multi-Family|Active
County:
Suffolk
Call Now: 617-648-9415
Is this the home for you? We can help make it yours.
617-648-9415
56 N Margin St56 N Margin St56 N Margin St56 N Margin St
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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.

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Listing Snapshot
Price 
$3,399,999
Days Online 
9 Days
Bedrooms 
9
Inside Area (SqFt) 
3,780 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
1910
MLS Number 
73060461
Status 
Active
Property Tax 
$14,961
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS
a week agoListing first seen online
General Features
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
4
Acreage 
0.03
Water 
Public
Garage Spaces 
0
Foundation 
Other
Zoning 
R4
Buyer Agent Compensation 
1.5
Facilitator Compensation 
0
Compensation Based On 
Gross/Full Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Interior Features
Fireplaces 
0
Fireplace 
No
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Exterior Features
Waterfront Property 
No
Lot 
LevelOther
Lot Features 
LevelOther
Community Features
MLS Area 
North End
Listing courtesy of Frank Ventresca of Strategy Street



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Data Last Updated at 2022-12-03 09:20 AM UTC

Neighborhood & Commute
Source: Walkscore
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