MA
Suffolk
Boston
02114
2 Derne Street
2 Derne Street, Boston, MA 02114
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Listing Type
Multi Family
Listing Status
Active
26
$3,299,000

Home Details for 2 Derne Street

Price
$3,299,000
Type
Residential Income
Bedrooms
5
Total Bathrooms
6
Full Bathrooms
6
Square feet
3750
Year built
1899
Lot size acres
0.02
County
Suffolk
Total rooms
18
Basement
Full, Finished, Walk-Out Access, Interior Entry
MLS Listing#
73547124
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

Property Features
  • Basement
    • Full
    • Finished
    • Walk-Out Access
    • Interior Entry
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Boston Realty Advisors - 617-375-7900
Presented by: Daniel Alper
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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