2 Derne Street, Boston, MA, 02114
18 rooms
5 beds
6 Full baths
1899
3,750 sqft
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
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
9
Basement:
Full, Finished, Walk-Out Access, Interior Entry
Levels:
6
Parking:
On Street
Acreage:
0.02
Est. Taxes:
$9
Assessment
$9
Construction
Brick
Lot Description:
Corner Lot
View Description:
City View(s), City
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, T-Station, University, Sidewalks
MLS #:
73547124
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Daniel Alper, Boston Realty Advisors 617-375-7900