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
- Basement:
- Full, Finished, Walk-out Access, Interior Entry
- Parking:
- On Street
- Construction:
- Brick
- Exterior Unit Features:
- Decorative Lighting
- Flooring:
- Tile, Wood, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- pool liner, kitchen appliances, sprinklers 2024, fencing 2026. New pool heater and pump 2025.Water tank/furnace/water softener within five years. Radon reduction system, Driveway easement, This is an estate sale, sold As Is. Seller has never lived in the home and has limited knowledge of the property. Washer/Dryer left as a gift to buyer. Kitchen renovated within last 15 years. HVAC less than 5 years old. Chimney Capped within last 10 years. Entire interior of home repainted 7/2026., Buyer and Buyer's Agent to verify all information and perform their own due diligence. Sold As Is Estate Sale - no probate needed. Water heater is leased.
- Electric Feature:
- Other (see Remarks)
- Garage Parking
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Market Time:
- 7
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $778
- Zoning:
- 9
- No Units:
- 6
- Orig Price:
- $3,299,000
- Fireplaces:
- 3
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02114
- Longitude:
- W72° 56' 13.1''
- Latitude:
- N42° 21' 34.5''
Residential Income
2 Derne Street, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,299,000
- View :
- City View(s),city
- Bedrooms :
- 5
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 4,241 Sqft
- Year Built :
- 1899
- Lot Area :
- 0.02 Acre
- Listing ID :
- 73547124
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com