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
Price:
$6,495,000
MLS #:
73592727
Status:
Active
Beds:
2
Baths:
9
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Oct 20, 2026
Finished Sq Ft:
4,590
Total Sq Ft:
4,590
Lot Size:
1,633 sqft / 0.04 acres (approx)
Year Built:
1899
Units:
10
See this Listing
Schools
Interior
Above Grade Finished Area
4590
Bathrooms
9 Full Bathrooms
Fireplaces Total
9
Levels
6
Exterior
Lot Features
Level
Open Parking Spaces
2
Parking Spots
2
Parking Total
2
Stories
6
Financial
Tax Year
2027
Taxes
$37,210
Map
Community
- Address88 Charles Boston MA
- CityBoston
- CountySuffolk
- Zip Code02114
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Ashmont Hill / Peabody Square
- Beacon Hill
- Bellevue Hill
- Boston
- Central JP
- Charlestown
- Clam Point
- Doctor’s Row
- Dorchester
- East Boston
- Fairmount Hill
- Fairmount Hill
- Forest Hills
- George Wright Golf Course Neighborhood
- Highland
- Holy Name Parish neighborhood
- Hyde Park
- Jeffries Point
- Ledgewood Road
- Lower Allston
- Lower Mills
- Lower Mills and East Milton Square
- Melville Park
- Moss Hill
- Nubian Square
- Oak Square
- Oak Square Brighton/Newton Liine
- Orient Heights
- Over The Bridge – Savin Hill
- Peak Hill Neighborhood
- Peter’s Hill
- Pondside
- Pondside Jamaica Plain
- Readville
- Roslindale
- Roxbury
- Savin Hill OTB
- Savin Hill/JFK
- South Boston
- Thompson Square
- Truman Parkway/ Monahan Park
- Ward 20
- Well Respected Hyde Park Neighborhood Area of Boston.
- West Roxbury
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of Nov 10, 2026
427
Multi Family Listed
129
Avg DOM
484
Avg $ / SqFt
$2,105,168
Avg List Price
Property Summary
- 88 Charles Boston MA is a Multi Family for sale in Boston, MA, 02114. It is listed for $6,495,000 To schedule a showing of MLS#73592727 at 88 Charles in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Carl Christie. 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.
88 Charles
Boston, MA