2 Derne St Boston, MA 02114
Beacon Hill NeighborhoodEstimated payment $21,014/month
Highlights
- Marina
- 2-minute walk to Bowdoin Station
- Deck
- Medical Services
- City View
- 1-minute walk to Temple Street Park
About This Home
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1899
Lot Details
- 900 Sq Ft Lot
- Corner Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,750 Sq Ft Home
- Decorative Lighting
- 3 Fireplaces
- City Views
- Storm Windows
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- On-Street Parking
- Open Parking
Additional Features
- Deck
- Property is near public transit and schools
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $153,509
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $3,299,000 | 0.0% | $880 / Sq Ft |
| 06/01/2015 06/01/15 | Rented | $2,300 | 0.0% | -- |
| 05/02/2015 05/02/15 | Under Contract | -- | -- | -- |
| 03/26/2015 03/26/15 | For Rent | $2,300 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73547124
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