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$6,495,000
Total Beds: 2 Total Baths: 9
Total Units: 10 SQFT: 4590
LOT size: 0.04 Acres
88 Charles
Boston, MA 02114
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Property Description

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.

Property Details

Building Information

  • Total Units: 10
  • Total Floors: 6
  • Total Bedrooms: 2
  • Total Full Baths: 9
  • Total Fireplaces: 9
  • Basement Features: Partially Finished

Financial

  • APOD Available: No
  • Gross Operating Income: 70800
  • Net Operating Income: 70800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Foundation Info: Brick
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73592727
  • Last Updated: 10/20/26

Mortgage Calculator

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Map

Seller's Representative: Carl Christie, Carl Christie
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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.

MLS PIN data last updated at 2026-10-20 08:26:00