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$3,299,000
2 Derne Street, BOSTON - BEACON HILL, BOSTON - BEACON HILL, MA 02114
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
Location
Nearby
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