GO TO » Description Property History Similar Properties
$3,399,999
Multi-family - 5 Units
3,780 sqft
56 N Margin St #
Boston, 02113 - North End
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 |
|---|---|
| Annual Tax: | $14,961 |
| Assessments: | $1,375,100 |
| Year Built: | 1910 |
| Days on market: | 526 |
Unit information
| Unit 1 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unit Floor: | 1 | Living Levels: | 0 | Rooms: | 3 | Bedrooms: | 1 | Bathrooms: | 1 full / 0 half | Rent: | 0 | Lease: | N |
| Unit 2 | |||||||||||||
| Unit Floor: | 2 | Living Levels: | 1 | Rooms: | 5 | Bedrooms: | 3 | Bathrooms: | 1 full / 0 half | Rent: | 3400 | Lease: | Y |
Property History
| id | type | status | price | listed | updated |
|---|---|---|---|---|---|
| 73060461 | Multi-family | Active | $3,399,999 | 23-Nov-22 | 27-Nov-22 |
| 73007428 | Multi-family | Expired | $3,695,000 | 06-Jul-22 | 19-Sep-22 |
Similar Properties
No similar properties found within radius of 0.4 mile of the displayed listing