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5 Beds
6 Baths
4,241 sqft

$3,299,000

2 Derne Street, Boston MA, 02114

Price per sqft$777.88
Built in1899
Property size4,241 sqft
Property typeMulti-family

Overview

Active

Listed Jul 9, 2026

Updated Sep 4

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

$21,948/mo

Est. mortgage payment based on a $3,299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73547124

Interior Features

Bedrooms
5
Bathrooms
6
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$9
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

This listing is provided by Daniel Alper with Boston Realty Advisors

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Data last updated 4:48 AM UTC, 9/4/2026

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