29-35 Temple Place

Boston, MA 02111

$30,000,000
Price
42
Beds
32
Baths
26,600 Sq. Ft.
$1,128 / Sq. Ft.
26,600
Sq. Ft.
$1,128
per Sq. Ft.

Description

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...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.
  1. Listed by Christopher Sower • Cushman & Wakefield

Property Details for 29-35 Temple Place

Town
Boston
Area
MA-Boston
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 10/04/2024 03:08 AM

Property Details for 29-35 Temple Place

StatusActive
MLS #73296327
Days on Market82
Taxes$9 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1895
CountySuffolk County

Building Information for 29-35 Temple Place

Stories18Residences42Year Built1895Building Size-Lot Size0.11 AC / 4,578 SF

Property Information for 29-35 Temple Place

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 26600.0
  • SqFt with Basement: No
  • Total Units: 42
  • Waterfront: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 32.0
  • Num of Full Baths: 32
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 32.00
  • Bathrooms Total Integer: 32
  • FireplaceYN: Yes
  • Fireplaces: 18
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 3367160
  • Assessments: $9
  • Book: 99
  • Tax Year: 9999
  • Zoning: 9
Building / Association Information
Living Characteristics
  • Beds Total: 42
  • Total Living Levels: 18
Other Building Characteristics
  • Foundation: Concrete Perimeter, Slab
Income / Expenses
  • GOI: $.00
  • GRE: $0
  • NOI: $.00
  • Operating Expense: $.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 9
  • Lease U1: N
  • Levels U1: 9
Unit 2 Description
  • Floor U2: 9
  • Lease U2: N
  • Levels U2: 9
Rental Info
Rental Info
  • Total Actual Rent: $19,998.00

Property History for 29-35 Temple Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 29-35 Temple Place

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Josiah Quincy Elementary School
PublicPK to 5

Quincy Upper School
Public6 to 12

Snowden Int'L High School
Public9 to 12

Eliot K-8 Innovation School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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29-35 Temple Place is a multi-family home for sale in Boston, MA 02111. This property was listed for sale on September 30, 2024 by Cushman & Wakefield, it's currently listed at $30,000,000. This listing's school district is Boston School District. Nearby schools include Josiah Quincy Elementary School, Quincy Upper School and Snowden Int'L High School. 29-35 Temple Place is a 42-bed, 32-bath, 26,600 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cushman & Wakefield, Christopher Sower

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.