$3,299,000
5
Beds
6
Baths
4,241
Living Area
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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
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Highlights
- Area: Beacon Hill
- Levels: 6
- Property Type: 5-9 Family
- Total Rooms: 18
- Status: Active
- Has View: Yes
- Property Class: Residential Income
- Stories: 6
- Year Built: 1899
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Additional Details
- Basement: Full, Finished, Walk-Out Access, Interior Entry
- Exterior Features: Decorative Lighting
- Flooring: Wood, Tile, Varies
- Lot Features: Corner Lot
- Roof: Other
- Total Number of Units: 6
- Year Built Details: Actual
- Zoning: 9
- Construction: Brick
- Fireplaces: 3
- Foundation: Other
- Road Frontage Type: Public
- SqFt Source: Measured
- View: City View(s), City
- Year Built Source: Public Records
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Amenities
- 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
- Parking Features: On Street
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Utilities
- Electric: Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $9
- Taxes: $9
- Tax Year: 2026
- Total Rent: $17,250
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