Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Bedford
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
You are here:
44 Days on Boston Pads
18 Photos
$5,800,000
11 Unit
21 Beds
11 Baths
7590 SQFT
0.04 Acre
5-7 N. Margin St
Boston, MA 02113

Property Description

5-7 N. Margin is a well-maintained, five-story brick building containing eleven units comprised of two 3-Bedroom/1-Bathroom units, six 2-Bedroom/1-Bathroom units, one 1-Bedroom/1-Bathroom unit, and two Studio units. The Property is fully leased and benefits from a brand-new roof and a newer Weil McLain Boiler (2021). The Property also has an on-site coin operated laundry facility. Several of the units have been renovated and feature hardwood floors, quartz countertops, and modern white cabinets. The Property is separately metered for electricity, which the tenants pay directly. The Landlord is responsible for common area electric, central heat and hot water, and domestic water and sewer. Centrally located in the North End and 0.4 miles to Boston’s North Station, the Property offers the rare opportunity to acquire an outstanding, fully leased core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 11
  • Total Floors: 5
  • Total Bedrooms: 21
  • Total Full Baths: 11
  • Amenities: Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Appliances: Dryer, Washer

Financial

  • APOD Available: Yes
  • Gross Operating Income: 402332
  • Gross Expenses: 97396
  • Net Operating Income: 304926

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73252272
  • Last Updated: 07/01/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/17/2024Active$5,800,000$764MLSPIN
06/13/2024New$5,800,000$764MLSPIN

Mortgage Calculator

View Breakdown

Seller's Representative: Dennis Kelleher, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.75%
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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

MLS PIN data last updated at 2024-07-01 12:02:00