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2 Derne Street, Boston MA 02114

$3,299,000

Estimated $5,350/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $549,833.33

Total Rent: 134400/year

Estimated CAP Rate:

5 Bedrooms

Baths

4241

Total Parking: 0

900 (0.02)

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

This home has been viewed 17 times

Last Checked: August 4th, 2026 at 7:33am (Source: MLS PIN #73547124)

Gross Income: $134,400

Gross Expenses: $9

Net Income Calc: $134,391

Water Views

Annual Expenses for 2 Derne Street, Boston MA 02114

Total Gross Expenses (Calculated)$9/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9

Annual Income & Unit Breakdown for 2 Derne Street, Boston MA 02114

Total Gross Income (Calculated)$134,400

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor4

Levels in Unit1

Rent Includes

General Information for 2 Derne Street, Boston MA 02114

Listing ID73547124

Property TypeMulti Family / 5+ Family

Price3299000 ($777.88/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total4241

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoning9

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 2 Derne Street, Boston MA 02114

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsPersonal Property

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 2 Derne Street, Boston MA 02114

Real Estate Taxes9

Tax Year2026

Assessed Value$9

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 2 Derne Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area AmenitiesWalk/jog Trails

Contact Information for 2 Derne Street, Boston MA 02114

Agent

Name: Daniel Alper

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Name: Daniel Alper

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 20327.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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    [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
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    [unparsed] => 2 Derne Street, Boston MA 02114
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EXIT

23 More Photos

Active

2 Derne Street, Boston MA 02114

$3,299,000

Annual Expenses for 2 Derne Street, Boston MA 02114

Annual Income & Unit Breakdown for 2 Derne Street, Boston MA 02114

General Information for 2 Derne Street, Boston MA 02114

Disclosures for 2 Derne Street, Boston MA 02114

Financial Information for 2 Derne Street, Boston MA 02114

Location Information for 2 Derne Street, Boston MA 02114

Contact Information for 2 Derne Street, Boston MA 02114

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper