LKV Realty
Logo
$3,299,000
$7,200Reward *
2 Derne Street, Boston, MA 02114Listing ID 73547124

2 Derne Street, Boston, MA 02114

Active
Beacon Hill
Time on site: 36 daysLast updated: Aug 3, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
5-9 Family
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
6
Square Feet
Square Feet
4,241
Acres
Acres
0.02
Days on Site
Days on Site
36
Year Built
Year Built
1899
Stories
Stories
6
Parking
Parking
On Street

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

Property Information

Property Details

Location

Address
2 Derne Street
County
Suffolk
City
Boston
Zip Code
02114
Subdivision
Beacon Hill
MLS Area
Beacon Hill

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
6

Building

Building Information

Square Feet
4,241
Year Built
1899
Stories
6
Construction
Brick
Foundation
Other
Roof
Other

Property Taxes

Tax Annual Amount
$9
Tax Year
2026
Boston Realty Advisors, (617) 375-7900

Market Report for 02114

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 14 Aug 2026, 09:38 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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