Multi-Family for Sale: 29-35 Temple Place, Boston, MA 02110

42 beds
32 full baths
26,600 sqft
$30,000,000
$30,000,000
29-35 Temple Place, Boston, MA 02110
42 beds
32 full baths
26,600 sqft
$30,000,000
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Price:
$30,000,000
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Type Multi-Family
Beds 42
Total Baths 32 full baths
Square Feet 26,600 sqft
Lot Size 0.11 acres
Year Built 1895
City Boston
County Suffolk
MLS 73296327
Status Active
DOM 0 days
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.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 9999
Taxes Paid $9
Water Public
Foundation Concrete Perimeter, Slab
Roof Rubber
Full Baths 32
Total Rooms 42
Garage Spaces 0
Fireplaces 18

Price History of 29-35 Temple Place

Date Name Price Difference
09/30/2024 Listing Price $30,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Cushman & Wakefield, Christopher Sower
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29-35 Temple Place (MLS #73296327) is a multi-family listing located in Boston, MA. This multi-family listing is 26,600 sqft and on a lot of 4,578 sqft (or 0.11 acres) with 42 bedrooms, 32 baths and is 129 years old. This property was listed on 09/30/2024 and has been priced for sale at $30,000,000.

Nearby zip codes are 02108, 02111, 02113, 02124 and 02135.

MLS PIN

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Listing information courtesy of: Cushman & Wakefield

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