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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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2 Derne St , Boston, MA 02114
$3,299,000
Est. Payment: $7,331.11/mo
5 Bed
6 Bath
4241 Sqft
Status: Active | Days on site: 70
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AN8461 - CN254381
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House Description

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

Highlights

Listed by Daniel Alper , 617-768-7333 Boston Realty Advisors , 617-375-7900.

Property Type

Multi-Family

Lot/Acreage
0.02

Year Built

1899

County

Suffolk

Area

Beacon Hill

Listing ID

73547124

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:6
Floor:Wood,Tile,Varies
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:0
Zoning:9
Roof:Other
Others:
  • Additional:Decorative Lighting
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$7,331
Taxes
$1

Home Price

$3,299,000

Loan Details

30 yrs
%

Down Payment

20%
$659,800
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Monthly Price:
$7,331.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,331.11 $0.75 $0.00 $7,331.86
Yearly $87,973.33 $9.00 $0.00 $87,982.33
Total $2,639,200.00 $270.00 $0.00 $2,639,470.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.