2 Derne St

Boston, MA 02114

$3,299,000
Price
5
Beds
3,750 Sq. Ft.
$880 / Sq. Ft.
3,750
Sq. Ft.
$880
per Sq. Ft.
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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...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
  1. Listed by Daniel Alper • Boston Realty Advisors
  2. Listed by Kevin Benzinger • Boston Realty Advisors

Property Details for 2 Derne Street

Town
Boston
Area
MA-Boston
Garage Spaces
0
Open Parking Spaces
.00
Parking Spaces Total
0
LISTING UPDATED: 07/13/2026 03:09 AM

Property Details for 2 Derne Street

StatusActive
MLS #73547124
Days on Market4
Taxes$9 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1899
CountySuffolk County
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Location

Listing Courtesy of Boston Realty Advisors, Daniel Alper; Boston Realty Advisors, Kevin Benzinger
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Building Information for 2 Derne Street

Stories6Residences6Year Built1899Building Size-Lot Size0.02 AC / 900 SF

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$16,440 per month

30 year fixed, 6.36% Interest

Principal and Interest

$16,439

Property Taxes

$1

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2 Derne Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, T-Station, University, Sidewalks
  • Living Area: 3750.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Finished, Walk Out, Interior Access
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Wood, Tile, Varies
  • SpaYN: No
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Brick
  • Exterior Features: Decorative Lighting
  • Exterior Features: City View(s), Decorative Lighting, Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • Roof Material: Other
  • View: City View(s), City
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Recent Capital Improvements: Upgraded Fire Escapes (2025),New Roof (2018),New Boiler (2018),New Chimney Liner (2018),Repointing (2018),Masonry Window Lentils (2018),New Storm Windows,and more. Disclosures: Gross Income and NOI presented are proforma figures.
Tax Information
  • Assessments: $9
  • Book: 9
  • Tax Year: 2026
  • Zoning: 9
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
  • Levels: 6
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $207,000.00
  • NOI: $153,509.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 4
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $17,250.00

Property History for 2 Derne Street

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

MLS PIN #73547124

$3,299,000—
DateEvent & SourcePrice
07/09/2026

Listed (Active)

MLS PIN #73547124

$3,299,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2 Derne Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Eliot K-8 Innovation School
Public - PK to 8
Quincy Upper School
Public - 6 to 12
Josiah Quincy Elementary School
Public - PK to 5
Snowden Int'L High School
Public - 9 to 12
Rating
School
Distance
Eliot K-8 Innovation School
PublicPK to 8

Quincy Upper School
Public6 to 12

Josiah Quincy Elementary School
PublicPK to 5

Snowden Int'L High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Beacon Hill
Beacon Hill
A tranquil historic neighborhood with a dignified air. A historic and noble neighborhood nestled behind the golden dome of the state house. This peaceful community is surrounded by parks and offers proximity to many of Boston’s finest cultural institutions.
Beacon Hill Guide

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More information about 2 Derne Street, Boston, MA 02114

2 Derne Street is a multi-family home for sale in Boston, MA 02114. This property was listed for sale on July 9, 2026 by Boston Realty Advisors, it's currently listed at $3,299,000. This listing's school district is Boston Public Schools. Nearby schools include Eliot K-8 Innovation School, Quincy Upper School and Josiah Quincy Elementary School. 2 Derne Street is a 5-bed, 6-bath, 3,750 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boston Realty Advisors, Daniel Alper; Boston Realty Advisors, Kevin Benzinger

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.