88 Charles, Boston, MA 02114
88 Charles, Boston, MA 02114
88 Charles, Boston, MA 02114
28
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$6,495,000
Est. payment /mo
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2 Beds
9 Baths
4,590 SqFt
New

88 Charles Boston, MA 02114

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Eric Coury

Eric Coury

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,590 sqft

Price per Sqft $1,415

MLS Listing ID 73592727

Bedrooms 2

Full Baths 9

Year Built 1899

Annual Tax Amount $37,210

Tax Year 2027

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type 5-9 Family

Property Description

The Bancroft is a luxury 10-unit brick apartment building with premium street-level retail, located in the heart of Boston's historic Beacon Hill neighborhood. Six-story building features nine residential apartments and one retail suite. Fully renovated and 100% leased, the property generates strong annual income and offers investors an attractive combination of a premier location, high-end finishes, stable in-place cash flow, and future upside potential. Perfect wealth asset for 1031 exchange and long term hold. 88 Charles Street has been thoughtfully renovated and transformed into one of the premier residential rental properties on Charles Street. The unit mix includes eight studio apartments and one duplex two-bedroom apartment. The property also benefits from two valuable off-street parking spaces and a private outdoor patio area at the rear of the building, adjacent to Mt. Vernon Square.

Location

State MA

County Suffolk

Zoning RC

Direction Location along Charles Street in the heart of Beacon Hill

Rooms

Basement Partially Finished

Interior

Fireplaces Number 9

Exterior

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Story 6

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Carl Christie
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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