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14-16 Derne Street, Boston MA 02114

$4,295,000

Estimated $8,958/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $1,073,750

Total Rent: 196800/year

Estimated CAP Rate:

8 Bedrooms

Baths

4888

Total Parking: 0

871 (0.02)

14-16 Derne Street is a generational property sitting in a AAA location across the Street from the Statehouse in Beacon Hill. This truly rare offering is 100% leased. Located in the Heart of Boston in one of the most iconic neighborhoods, this five (5) unit mixed-use brick corner building is leased to Florina Pizzeria and has four furnished two bedroom/one bathroom residential units above. Each renovated unit has Central AC, in-unit laundry, and a dishwasher. Arguably one of the best walkable locations in the city which provides easy access to Charles Street, Back Bay, North End, Suffolk University, Government Center, Haymarket, Charles River Esplanade and Massachusetts General Hospital (MGH).

This home has been viewed 33 times

Last Checked: September 26th, 2026 at 5:38am (Source: MLS PIN #73580147)

Gross Income: $196,800

Gross Expenses: $23,927

Net Income Calc: $172,873

Annual Expenses for 14-16 Derne Street, Boston MA 02114

Total Gross Expenses (Calculated)$23,927/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax23927

Annual Income & Unit Breakdown for 14-16 Derne Street, Boston MA 02114

Total Gross Income (Calculated)$196,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 14-16 Derne Street, Boston MA 02114

Listing ID73580147

Property TypeMulti Family / 5+ Family

Price4295000 ($878.68/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total4888

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning0

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 14-16 Derne Street, Boston MA 02114

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

Financial Data Source

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 14-16 Derne Street, Boston MA 02114

Real Estate Taxes23927

Tax Year2026

Assessed Value$1,929,600

Financial Data Source

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 14-16 Derne Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area Amenities

Contact Information for 14-16 Derne Street, Boston MA 02114

Agent

Name: Evan Griffith

Office

Name: Marcus & Millichap Real Estate Investment Services

Phone: 617-896-7200

Team Members

Payment Calculator

, Interest

Property Taxes 1993.92

Principal & Interest 26464.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Evan Griffith

Agent Phone

Office Phone

(617) 896-7200

Text Agent Call Agent Call Office

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EXIT

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Active

14-16 Derne Street, Boston MA 02114

$4,295,000

Annual Expenses for 14-16 Derne Street, Boston MA 02114

Annual Income & Unit Breakdown for 14-16 Derne Street, Boston MA 02114

General Information for 14-16 Derne Street, Boston MA 02114

Disclosures for 14-16 Derne Street, Boston MA 02114

Financial Information for 14-16 Derne Street, Boston MA 02114

Location Information for 14-16 Derne Street, Boston MA 02114

Contact Information for 14-16 Derne Street, Boston MA 02114

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Evan Griffith