16 Temple Street, Boston, MA 02114

$2,849,000
6
BD
4
BA
3,346
SqFt

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List Price
$2,849,000
Status
NEW
MLS#
73586458
Bedrooms
6
Bathrooms
4
Full Baths
4
Living Area
3,346
Lot Size (Acres)
0.03
Year Built
1899

Property Description

This offering presents a rare opportunity to acquire a fully renovated four-unit residential building at a corner location on Cambridge Street in Boston's Beacon Hill neighborhood. The property has undergone a complete renovation and includes a fire sprinkler system, so it requires little to no near-term capital investment and suits investors seeking a stabilized, turnkey asset or is a great opportunity for an end-user. The property also features HVAC units in all units along with Washer/Dryers. The building sits directly across from Massachusetts General Hospital, one of the region's largest employers, and is a short walk to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand, and residents also have the shops, restaurants, and amenities of Charles Street and the West End/North End close by. With its prime location, modern systems, and minimal capital needs, this property is a turnkey multifamily investment in one of Boston's most desirable and supply-constrained submarkets.

Additional Information

Area
Beacon Hill
Taxes
$19,609
Lot Description
Other
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin Benzinger from Listing Office: Boston Realty Advisors.

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