Active
1 Days on market
14-16 Derne Street Boston — Photo 1 of 11

14-16 Derne Street Boston — Photo 1 of 11

$4,295,000

14-16 Derne Street, Boston, MA 02114

Boston, MA 02114 — Beacon Hill

Investor Analysis

Beds

8

Baths

4

SqFt

4,888

Style

5-9 Family

Built

1899

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).

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$879/sqft
Local Avg (Boston)$522/sqft
68% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$4,295,000
Annual Taxes$23,927

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms12
Fireplaces4
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
Zoning0

Property & Lot

Acres0.02
SqFt Lot871
Lot FeaturesCorner Lot

Geography

Population

14,418

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$132K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

77.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Evan Griffith

Listing Office: Marcus & Millichap Real Estate Investment Services

MLS® Number: 73580147

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