$3,299,000
 $17,710 est/mo Sourced by Back At You

2 Derne Street,Boston, MA 02114

Boston, MA 02114

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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

Details

MLS #73547124
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1899
Days On Site82
Listing Provided ByBoston Realty Advisors | Daniel Alper

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet4,241
BasementY
Story(s)6
Units6
Zoning9
Acreage0.02
Property ViewYes

Interior

Rooms Total18
Window FeaturesStorm Window(s)
Fireplaces Total3
Fireplace Yes / NoYes
FlooringWood, Tile, Varies

Exterior

Exterior FeaturesDecorative Lighting
RoofOther
Construction MaterialsBrick
Foundation DetailsOther
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOn Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer
ElectricOther (See Remarks)

Taxes

Tax Annual Amount9
Tax Assessed Value9
Tax Year2026

Location

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

Area Information

StateMA
CountySuffolk
CityBoston
Zip Code02114
AreaBeacon Hill
Listing VS Median (in 02114)
Price:
$3,299,000
low | high
Med:
$419,000
100% of Average
sqft:
4,241
low | high
Med:
637
100% of Average
$ / sqft:
$778
low | high
Med:
$658
65.440861913819% of Average
On site:
82
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 02114

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Learn More About This Property

StateMA
CountySuffolk
CityBoston
Zip Code02114
AreaBeacon Hill
Listing VS Median (in 02114)
Price:
$3,299,000
low | high
Med:
$419,000
100% of Average
sqft:
4,241
low | high
Med:
637
100% of Average
$ / sqft:
$778
low | high
Med:
$658
65.440861913819% of Average
On site:
82
low | high
Med:
53
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.474M - $4.123M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
14-16 Derne Street Property Photo 1
$4,295,000
14-16 Derne Street
Boston, MA 02114
45 Temple Street # 512 Property Photo 1
$5,750,000
45 Temple Street # 512
Boston, MA 02114
45 Temple St # 312 Property Photo 1
$4,750,000
45 Temple St # 312
Boston, MA 02114
Listing Updated: September 29, 2026 at 8:12:52 AM PDT