56 N Margin St

Boston, MA, 02113

$3,399,999

$899 per ft²
$3,399,999
$899 per ft²
Active
Active
 - For Sale
beds
9 Beds
baths
5 Baths
carpenters-square
3,780 ft²
property_type
Multi-family
calendar
Built 1910
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.
MLS® ID:
73060461
Listed:
11/22/22
Updated:
11/28/22

Interior Features

Total Bedrooms
9
Full Bathrooms
5

Exterior/Building Features

Lot Size
1,330 ft² lot
Lot Details
Level, Other
Sewer
Public Sewer

Other Property Details

Area Name
North End
Taxes
$14961
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Suffolk
Water Source
Public
Pool
No
Total Stories
4
Zoning
R4

 

Courtesy of Frank Ventresca, Strategy Street

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Data last updated 4:41 AM UTC, 11/28/22

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