2 Derne Street, Boston, MA 02114
2 Derne Street, Boston, MA 02114
2 Derne Street, Boston, MA 02114
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STACY WEINGARTEN

STACY WEINGARTEN

+1(941) 432-4141
$3,299,000
Est. payment /mo
5 Beds
6 Baths
4,241 SqFt
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Open House

Tue Jul 21, 12:00pm - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,241 sqft

Price per Sqft $777

MLS Listing ID 73547124

Bedrooms 5

Full Baths 6

Year Built 1899

Annual Tax Amount $9

Tax Year 2026

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type 5-9 Family

Property Description

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

Location

State MA

County Suffolk

Zoning 9

Direction Parking available on Cambridge Street and Bowdoin Street

Rooms

Basement Full, Finished, Walk-Out Access, Interior Entry

Interior

Flooring Wood, Tile, Varies

Fireplaces Number 3

Exterior

Exterior Feature Decorative Lighting

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, T-Station, University, Sidewalks

View Y/N Yes

View City View(s), City

Roof Type Other

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Boston Realty Advisors

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