Off Market
29-35 Temple Pl, Boston, MA
Boston · MA 02111
- $30,000,000
- Price
- 42
- Beds
- 32
- Baths
- 26600
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1895
Units:
42 Units
Lot size:
4,578 Sq.Ft Lot
Price per square foot:
$1,128 / Sq.Ft
Parking:
No Parking
About this home
Presenting 29-35 Temple Place (?Temple Place Suites?), which is a 26,600 square foot, 6-story, mixed-use (residential over retail), elevator building, located in the heart of downtown Boston (just feet from Boston Common). Temple Place Suites Suites is designated with a Lodging License for 48 units (although the building is currently configured with only 42), and the current owner operates the residential portion (floors 2 through 6) as short-term, furnished, Airbnb style, rentals. There is a significant Value-Add Opportunity for the next owner to grow revenue by: (i) increasing the room count up to the permitted 48 units (this alone represents a 14.3% increase), (ii) increasing the average unit rental rate which is significantly below market, and (iii) potential additional density increase (current FAR is 8.0). The commercial portion of the building (floors 1 and basement) is fully occupied by one tenant (a micro-brewery, restaurant, and taproom). Apartment furnishings are included.
Neighborhood & Transit
29-35 Temple Pl, Boston · MA 02111
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Downtown Crossing OrangeRed 0.04 mi
-
Park Street GreenRed 0.07 mi
-
Chinatown Orange 0.17 mi
-
Boylston Green 0.17 mi
-
State BlueOrange 0.24 mi
-
Government Center BlueGreen 0.35 mi
-
South Station Red Commuter Rail 10 routes 0.37 mi
- CapeFLYER
- Fairmount Line
- Fall River/New Bedford Line
- Foxboro Event Service
- Framingham/Worcester Line
- Franklin/Foxboro Line
- Greenbush Line
- Kingston Line
- Needham Line
- Providence/Stoughton Line
-
Tufts Medical Center Orange 0.38 mi
-
Bowdoin Blue 0.44 mi
-
Arlington Green 0.48 mi
Price Insight
- Days on Market:
- 764 days
- Listing Price:
- $30,000,000
- Price per Sq.Ft:
- $1,128
- Tax Assessment:
- $9 in 9999
- Taxes:
- $1 / Monthly
Home Facts
Interior Features
- Bedrooms
- 42
- Full Bathrooms
- 32
- Half Bathrooms
- 0
- Living Area
- 26,600 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 26600
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,578 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Christopher Sower
- Listing office
- Cushman & Wakefield
- MLS PIN #
- 73296327