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Multifamily · Boston · ACT

88 Charles

Boston, MA 02114

$6,495,000

2 bedrooms9 bathrooms4,590 square feet73592727 MLS number

The residence

Property overview

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.

Taxes 2027
$37,210
Parking
2 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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