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Active

2 Derne Street

Boston, MA 02114

$3,299,000
5Bedrooms
6Bathrooms
4,241Square feet
1899Year built

Residential Income · Active · MLS #73547124
Listing Courtesy of Boston Realty Advisors | Daniel Alper

MLS PIN data

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

Property information

Details at a glance

Interior

Rooms
18
Flooring
Wood, Tile, Varies
Fireplaces
3

Building

Style
5-9 Family
Year built
1899
Foundation
Other
Roof
Other

Land & utilities

Lot size
0.02 acres
Water
Public
Sewer
Public Sewer
Zoning
9

Financial

Annual taxes
$9
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$3,107,177

Estimated range $2,500,221$3,714,133

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationabove average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Boston

MetricThis propertyBoston
List price$3,299,000$1,400,000136% above local
Price / sq ft$778$47364% above local
Days on market255353% below local
Explore homes in Boston

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Useful next steps

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Common questions

About 2 Derne Street

Can I schedule a private showing?

Yes. Request a tour of 2 Derne Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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