**Investment Opportunity** 70 North Margin Street hidden on a quiet, residential side street in Boston's North End. Property is comprised of 4 units. (1) 1 bedroom/1 bath with private deck, (3) 2 bedrooms/1bath. Unit 1 Lease ending May 31, 2025; Unit 2 owner occupied, and Units 3 - 4 are currently Leased through August 31, 2025. Current rents are under market. Rents can be increased in current condition. Bonus 640 square feet of deeded land (possibly buildable) directly behind the property on 5 Douglas Ct, Finished Basement Includes Fireplace, 2 Washers/2 Dryers. Excellent opportunity for add on value. Steps away from Public Transportation as well as easy access to everything the city of Boston has to offer. Property and additional land is sold in "AS IS" condition. Buyer must do their own due diligence.
— MLSPIN #: 73352390Map of 70 North Margin, Boston, MA 02113
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| List Price: | $2,575,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73352390 |
| Town: | Boston |
| Neighborhood: | North End |
| County: | Suffolk |
| Zip: | 02113 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 7 |
| Full Baths: | 4 |
| Living Area: | 3,400 sqft |
| Acres: | 0.08 |
| Taxes: | 13,185 |
| Appliances: | Refrigerator, Washer, Dryer |
| Lot Features: | Level |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Directions: | GPS |
| Foundation Details: | Concrete Perimeter, Brick/Mortar |
| Listing Contract Date: | 2025-03-31 |
| Fireplace?: | Yes |
| Lot Size Area: | 0.08 |
| Lot Size Square Feet: | 3,400 |
| Fireplaces Total: | 1 |
| Rooms Total: | 18 |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Public Records |
| Building Area Total: | 3,400 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School |
| Interior Features: | Laundry Room |
| Levels: | 4 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Open Parking?: | Yes |
| Parcel Number: | 3365201 |
| Sewer: | Public Sewer |
| Zoning: | R4 |
| Stories Total: | 4 |
| Year Built Source: | Public Records |
| Disclosures: | Sale contingent on owner finding housing or leasing back owner's unit for 12 months. |
| Electric Expense: | $523 |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $98,400 |
| Insurance Expense: | $4,259 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | Yes |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Gre: | 7,182 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | No |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $757.35 |
| Page: | 266 |
| Price Per Sqft: | $757.35 |
| Square Feet Disclosures: | Living Area does not include Basement Level |
| Square Feet Incl Base: | No |
| Net Operating Income: | $98,400 |
| Operating Expense: | $7,182 |
| Original List Price: | $2,575,000 |
| Tax Assessed Value: | $1,138,600 |
| Tax Year: | 2025 |
| Total Actual Rent: | $8,200 |
| Water Sewer Expense: | $2,400 |
| Year Built Details: | Actual |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 2 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| H Bths 1: | 1 |
| Rent1: | 2,800 |
| Rent3: | 2,800 |
| Rent4: | 2,600 |
Disclaimer:
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.
MLS Property Information Network, Inc. data last updated on April 26, 2025 02:52 AM
Property Last Updated: April 04, 2025 03:05 AM
Listing Courtesy of: Greenway Realty Group, LLC
Listing Agent: Elizabeth Ventresca
781-389-8251
