2 Derne Street, Boston, MA, 02114
Photo 2

$3,299,000

Active

2 Derne Street

Boston, MA 02114

5Beds
6Baths
4,241Sq Ft
Built 18995-9 Family0.02 Acres0 Parking6 Stories25 Days on Market

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

2 Derne Street, Boston, MA, 02114Open in Maps →
Property Type5-9 Family
Year Built1899
MLS #73547124
StatusActive
Total Rooms18
Stories6
Living Area4,241 sqft
Lot Size0.02 acres
Annual Tax$9
Days on Market25
Parking Spaces0

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Mortgage Calculator

$20,131/mo

Principal & Interest$16,682
Property Tax$3,299
Insurance$150
Home Price$3,299,000
Down Payment20% ($659,800)

Listing Information

MLS #: 73547124
Source: MLS PIN

Est. Monthly Payment

$21,213/mo

Based on 20% down, 30yr fixed at 6.5%

Principal & Interest$16,706
Property Tax$1