88 Charles, Boston MA 02114

Boston, MA 02114

$6.5M

2 BD · 9 BA · 4,590 sf · 0.04 ac · Built 1899

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The residence

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.

At a glance

Property type: 5-9 Family
Status: Active
Year built: 1899
Lot size: 0.04 acres
Living area: 4,590 sf
MLS#: f148ea436a61f17f5bae57ef8d338f6e
Beds · Baths: 2 · 9

Location

Boston, MA.

Boston keeps its history in plain sight — brick, granite and gaslight along streets laid down long before the grid. Life here runs on short distances: the harbour, the Common, the theatre district and the river all within a walk of one another.

Estimated Monthly Payment+

$32K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$6.5M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Carl Christie · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 24, 2026

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