14-16 Derne Street, Boston MA 02114
Boston, MA 02114 • Beacon Hill
$4,295,000
Est. $23,912/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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).
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 21, 2026
$4,295,000
Original listing
Agent: Evan Griffith
Office: Marcus & Millichap Real Estate Investment Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/21/2026 | 🏠 Listed for Sale | $4,295,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $23,927 | $1,929,600 |
Financial Details
Annual Property Tax
$23,927
Tax Year 2026
Assessed Value
$1,929,600
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1899
Living Area
4,888 sq ft
Lot Size
0.02 acres
Stories
5
Bedrooms
8
Full Baths
4
Total Rooms
12
Investment Metrics
Units
4
Unit 1 Rent
$4,300/mo · Y
Unit 2 Rent
$4,000/mo · Y
Unit 3 Rent
$4,100/mo
Unit 4 Rent
$4,000/mo
Total Monthly Rent
$16,400/mo
Gross Income
$283,620
Net Operating Income
$220,347
Cap Rate
5.13%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
4
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$23,927
Assessed Value
$1,929,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1899
Bedrooms
8
Full Bathrooms
4
Living Area
4,888 sq ft
Total Rooms
12
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,888 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1899
Structure Type:
Exterior Materials:
Roof:
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Parking Features:
Special Features
Fireplaces:
4
Fireplace Type:
Community Amenities:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,994
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Beacon Hill
14-16 Derne Street, Boston MA 02114
Boston, MA 02114
Listing Information
Listing Agent
Evan Griffith
Listing Office
Marcus & Millichap Real Estate Investment Services
Office Phone
617-896-7200
Agent MLS ID
CN212675
Office MLS ID
AN1252
Listing Data Updated
Sep 21, 2026 12:33 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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