For Sale

2 Derne St, Boston, MA

Boston · MA 02114

$3,299,000
Price
5
Beds
6
Baths
4241
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1899
Units: 6 Units
Lot size: 900 Sq.Ft Lot
Price per square foot: $778 / Sq.Ft
Parking: No Parking

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

Neighborhood & Transit

Beacon Hill

2 Derne St, Boston · MA 02114

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Bowdoin Blue 0.13 mi
  • Government Center BlueGreen 0.19 mi
  • Park Street GreenRed 0.22 mi
  • State BlueOrange 0.28 mi
  • Downtown Crossing OrangeRed 0.31 mi
  • Haymarket GreenOrange 0.31 mi
  • North Station GreenOrange Commuter Rail 4 routes 0.39 mi
    • Fitchburg Line
    • Haverhill Line
    • Lowell Line
    • Newburyport/Rockport Line
  • Charles/MGH Red 0.40 mi
  • Boylston Green 0.45 mi
  • Chinatown Orange 0.48 mi

Price Insight

Days on Market:
117 days
Listing Price:
$3,299,000
Price per Sq.Ft:
$778
Tax Assessment:
$9 in 2026
Taxes:
$1 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,241 Sq.Ft
Broker Disclosure about Living Area
Measured by National Floor Plans. 4,564 GSF
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4241
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks)

Exterior Features

Lot Size
900 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Daniel Alper
Listing office
Boston Realty Advisors
MLS PIN #
73547124
Disclosure
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.
Disclosure
Measured by National Floor Plans. 4,564 GSF

About The Whitwell

The Whitwell
Nestled in the heart of Boston's prestigious Beacon Hill, The Whitwell stands as a symbol of boutique luxury with its 14-unit, ultra-luxury condominiums. This new construction building boasts 12-foot ceilings and floor-to-ceiling windows in each of its single-floor residences, providing panoramic views of the city from atop Beacon Hill. The meticulously designed condos feature custom-appointed finishes, fireplaced living rooms, and luxurious master suites, creating an atmosphere of opulence and comfort.

Residents of The Whitwell enjoy direct elevator access to deeded onsite garage parking, ensuring convenience in the bustling urban landscape. The building's elegant lobby sets the tone for a sophisticated living experience, while a common landscaped terrace offers a tranquil retreat with stunning city vistas. Positioned strategically in the historic Beacon Hill neighborhood, The Whitwell provides easy access to the charming boutiques and dining on Charles Street, as well as proximity to iconic landmarks like Boston Common, Public Garden, the Financial District, Mass General, and the Charles River. The Whitwell continues to redefine luxury living in one of Boston's most coveted locations.

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