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 Bostons 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.
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The average household income in
Boston, MA
grew
from
$66,758
to
$71,834
in the past year. This data is an estimate based upon
274,674
households in
Boston, MA. The chart below presents how household income is distributed in
Boston, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Boston, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Boston, MA
equals
$3k+
, which is
more
than the national average.