88 Charles St
$6,495,000
2
Beds
9
Baths
4,590
Sqft
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$6,495,000
2
Beds
9
Baths
4,590
Living Area
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Property Description
The Bancroft is a luxury 10-unit brick apartment building with premium street-level retail, located in the heart of Boston’s historic Beacon Hill neighborhood. Six-story building features nine residential apartments and one retail suite. Fully renovated and 100% leased, the property generates strong annual income and offers investors an attractive combination of a premier location, high-end finishes, stable in-place cash flow, and future upside potential. Perfect wealth asset for 1031 exchange and long term hold. 88 Charles Street has been thoughtfully renovated and transformed into one of the premier residential rental properties on Charles Street. The unit mix includes eight studio apartments and one duplex two-bedroom apartment. The property also benefits from two valuable off-street parking spaces and a private outdoor patio area at the rear of the building, adjacent to Mt. Vernon Square.
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1899
- Parking Spots: 2
- Property Type: 5-9 Family
- Total Rooms: 12
- Status: Active
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Additional Details
- Basement: Partially Finished
- Foundation: Brick/Mortar
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
- Fireplaces: 9
- Lot Features: Level
- Total Number of Units: 10
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,384,400
- Taxes: $37,210
- Tax Year: 2027
- Total Rent: $5,900
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Carl Christie.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.