$3,299,000

2 Derne Street, BOSTON - BEACON HILL, BOSTON - BEACON HILL, MA 02114

5Beds
6Baths
4,241Sq Ft
1899Built
HomeType

About this home

2 Derne Street is a rare six-unit brick multifamily investment opportunity in a trophy Beacon Hill location directly across from the Massachusetts State House. The property consists of five well-renovated one-bedroom residential apartments, all fully occupied on annual leases providing stabilized in-place income, along with one ground-floor commercial unit (identified as 45-B Bowdoin Street) offered vacant for maximum flexibility to lease, reposition, or owner-occupy. Units throughout present very well, with select spaces still offering value-add upside for further rent growth. Ideally situated just steps from Boston Common, Charles Street's shops and restaurants, MGH, Downtown Boston, and the Financial District, with immediate access to MBTA Red and Green Line service, 2 Derne Street offers investors a rare combination of classic Beacon Hill architecture, dependable cash flow, and long-term upside in one of Boston's most enduringly desirable neighborhoods

Property details

MLS #
73547124
Property type
Home
Year built
1899
Interior
4,241 ft2
Status
Active
Listed by
Boston Realty

Listed 4 days ago

Facts & features

Features
Roof: Other, Deck
Rooms
18
Listing
For sale
MLS #
73547124

Location

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Nearby

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