88 Charles
boston, MA 02114$6,495,000
- 2 BR9 BAapprox. 4,590 SF
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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.
Details
4,590 Sq Ft
1,633 Sq Ft Lot Size
investment
$3,101 Monthly Tax
Built in 1899
MLS/Listing ID 73592727
6 Stories
10 Units
Amenities & Features
Lot - Level
Brick Mortar
Public Water
Public Sewer
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TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
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