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INVESTMENT SNAPSHOT
About this property
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).
Property details
| Units | 4 |
| Living area | 4,888 sqft |
| Lot size | 871 sqft |
| Year built | 1899 |
| Price / sqft | $879 |
| County | Suffolk |
| MLS # | 73580147 |
Listing status
| Days on market | 0 days |
| Listed on | September 21, 2026 |
Taxes & financials
| Annual property tax | $23,927 |
| Tax year | 2026 |
| Assessed value | $1,929,600 |
| Zoning | 0 |
| Gross income (actual) | $283,620/yr |
| Net operating income (actual) | $220,347/yr |
| Total actual rent | $23,400/mo |
Building & lot
| Stories | 5 |
| Total rooms | 12 |
| Lot size | 0.02 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 14-16 Derne Street, Boston MA 02114 have?
It is a 4-unit multi-family property with 4,888 sqft of living area, built in 1899.
How long has 14-16 Derne Street, Boston MA 02114 been on the market?
14-16 Derne Street, Boston MA 02114 has been listed for 0 days (since September 21, 2026).
What is the price per unit?
At a list price of $4,295,000 across 4 units, that works out to roughly $1,073,750 per unit.
What are the property taxes on 14-16 Derne Street, Boston MA 02114?
Annual property taxes are $23,927 (2026), on an assessed value of $1,929,600.
What is the price per square foot?
At $4,295,000 for 4,888 sqft, that's about $879 per square foot.
Where is this property located?
14-16 Derne Street, Boston MA 02114 is in Boston, Suffolk County, MA 02114.
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