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.
| MLS Listing ID: | 73592727 |
|---|---|
| Listing Price: | $6,495,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 2 |
| Full Baths: | 9 |
| Living Space: | 4590 sf. |
| Lot Size: | 0.04 acres (1633 sf.) |
| Parking: | Yes |
| Taxes: | $37,210.34 |
| Tax Year: | 2027 |
Listing Current as of October 21, 2026 12:00pm
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