BEDS2
BATHS9 full
SQUARE FEET4,590
MLS#73592727
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
The Bancroft is a luxury 10-unit brick apartment building with premium street-level retail, located in the heart of Bostons 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 Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Fireplaces: 9
Lot Size: 0.04 Acres
Stories: 6.0
Taxes: $37,210
Year Built: 1899
Feature Descriptions
Building Area Total: 4590
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 25
Dwelling Type: 5-9 Family
Fireplace Y/N: Yes
Lot Features: Level
Parcel Number: 3354249
Parking Total: 2
Rooms Total: 12
Sewer: Public Sewer
Units: 10
Water: Public
Listed By / Shown By
Listed By
Agency Name: Carl Christie
Agent Name: Carl Christie
Agency Phone: 617-942-1137
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 19,450.26 per month $14,455.05 Principal & Interest $3,100.83 Property Tax $1,894.38 Homeowner's Insurance
88 Charles | MLS# 73592727
This multi-family property located at 88 Charles, Boston, MA 02114 is currently listed for sale with an asking price of $6,495,000. Search Boston real estate on www.masiellogrouprealestate.com today.