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For saleMulti-family

88 Charles

Boston, MA 02114

$6,495,00013 days on the market
Bedrooms
2
Bathrooms
9
Square feet
4,590
Year built
1899
Price per sq ft
$1,415
Annual taxes
$37,210 (2027)

Listing brokerage: Carl ChristieListing agent: Carl Christie

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.

Property details

Type
5-9 Family · Residential Income
MLS number
73592727
County
Suffolk
Rooms
12
Full baths
9
Living area
4,590 sq ft
Lot
0.04 acres
Parking
2 spaces
Basement
Partially Finished
Fireplaces
9
Annual taxes
$37,210 (2027)
Listed
October 20, 2026

Outside

  • Level

Utilities

  • Public
  • Public Sewer

Location

88 Charles, Boston, MA 02114

Mortgage calculator

Principal and interest
$32,842
Property taxes
$3,101
Estimated monthly payment
$35,943

An estimate, before insurance. A lender will give you the real figures.

All 28 photos

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