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
| MLS # | 73547124 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 82 |
| Listing Provided By | Boston Realty Advisors | Daniel Alper |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,241 |
| Basement | Y |
| Story(s) | 6 |
| Units | 6 |
| Zoning | 9 |
| Acreage | 0.02 |
| Property View | Yes |
| Rooms Total | 18 |
|---|---|
| Window Features | Storm Window(s) |
| Fireplaces Total | 3 |
| Fireplace Yes / No | Yes |
| Flooring | Wood, Tile, Varies |
| Exterior Features | Decorative Lighting |
|---|---|
| Roof | Other |
| Construction Materials | Brick |
| Foundation Details | Other |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|---|
| Electric | Other (See Remarks) |
| Tax Annual Amount | 9 |
|---|---|
| Tax Assessed Value | 9 |
| Tax Year | 2026 |
| Community Features | Public 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 / No | No |
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02114 |
| Area | Beacon Hill |
| Listing VS Median (in 02114) | |
Price: $3,299,000 low | high Med: $412,000 sqft: 4,241 low | high Med: 637 $ / sqft: $778 low | high Med: $647 On site: 82 low | high Med: 31.5 | |
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02114 |
| Area | Beacon Hill |
| Listing VS Median (in 02114) | |
Price: $3,299,000 low | high Med: $412,000 sqft: 4,241 low | high Med: 637 $ / sqft: $778 low | high Med: $647 On site: 82 low | high Med: 31.5 | |
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