$6,495,000
 $34,867 est/mo Sourced by Back At You

88 Charles,Boston, MA 02114

Boston, MA 02114

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Description

The Bancroft is a luxury 10-unit brick apartment building with premium street-level retail, located in the heart of Boston's historic Beacon Hill neighborhood. Six-story building features nine residential apartments and one retail suite. Fully renovated and 100% leased, the property generates strong annual income and offers investors an attractive combination of a premier location, high-end finishes, stable in-place cash flow, and future upside potential. Perfect wealth asset for 1031 exchange and long term hold. 88 Charles Street has been thoughtfully renovated and transformed into one of the premier residential rental properties on Charles Street. The unit mix includes eight studio apartments and one duplex two-bedroom apartment. The property also benefits from two valuable off-street parking spaces and a private outdoor patio area at the rear of the building, adjacent to Mt. Vernon Square.

Details

MLS #73592727
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1899
Days On Site26
Listing Provided ByCarl Christie | Carl Christie

Features

Bed(s)2
Bath(s) 9 Total
SQ Feet4,590
BasementY
Story(s)6
Units10
ZoningRC
Acreage0.04

Interior

Rooms Total12
Fireplaces Total9
Fireplace Yes / NoYes

Exterior

Foundation DetailsBrick/Mortar
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount37210.34
Tax Assessed Value2384400
Tax Year2027

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityBoston
Zip Code02114
AreaSuffolk
Listing VS Median (in 02114)
Price:
$6,495,000
low | high
Med:
$459,000
100% of Average
sqft:
4,590
low | high
Med:
399
100% of Average
$ / sqft:
$1,415
low | high
Med:
$1,154
68.447549781997% of Average
On site:
26
low | high
Med:
102.5
25.365853658537% of Average
Sourced by Back At You

Market Activity 02114

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Learn More About This Property

H-K Realty

H&K Realty

 (603) 684-2609hk@h-krealty.com
StateMA
CountySuffolk
CityBoston
Zip Code02114
AreaSuffolk
Listing VS Median (in 02114)
Price:
$6,495,000
low | high
Med:
$459,000
100% of Average
sqft:
4,590
low | high
Med:
399
100% of Average
$ / sqft:
$1,415
low | high
Med:
$1,154
68.447549781997% of Average
On site:
26
low | high
Med:
102.5
25.365853658537% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.871M - $8.118M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
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32 Lime St Property Photo 1
$7,800,000
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9 West Cedar St Property Photo 1
$5,300,000
9 West Cedar St
Boston, MA 02108
Listing Updated: October 24, 2026 at 2:20:36 AM PDT
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