Multi Family
88 Charles
West End, MA 2114 · MLS 73592727
$6,495,000
- Beds—
- Baths—
- Sq Ft4,590
- Year1899
- Style—
- $ / Sq Ft$1,415
- HOA—
- Taxes$37,210
- Parking2
- Lot1633.0
- MLS73592727
- StatusActive
About this home
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.
Location
More about West End
| West End Profile | Snapshot |
|---|---|
| Primary Vibe | Modern urban neighborhood with high-rise buildings, proximity to TD Garden, and river access. Popular with buyers seeking contemporary amenities. |
| Housing Prices | Newer full-service condominiums dominate. Views and amenities influence price. Fees are typically elevated. |
| Commute to Boston | Walking and nearby transit make destinations convenient. Parking is available in buildings at additional cost. |
| Schools | Served by Boston Public Schools. Confirm assignments with the district. |
| Market | Demand supported by location and new construction. Well-priced units with views attract interest. |
| Housing Styles | Primarily newer high-rise condominiums. Amenities and river views are common premiums. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.