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Active

16 Temple Street, Boston MA 02114

$2,849,000

Estimated $6,254/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $712,250

Total Rent: 178068/year

Estimated CAP Rate:

6 Bedrooms

Baths

3346

Total Parking: 0

1,320 (0.03)

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.

This home has been viewed 36 times

Last Checked: October 9th, 2026 at 5:33am (Source: MLS PIN #73586458)

Gross Income: $178,068

Gross Expenses: $19,609

Net Income Calc: $158,459

Annual Expenses for 16 Temple Street, Boston MA 02114

Total Gross Expenses (Calculated)$19,609/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax19609

Annual Income & Unit Breakdown for 16 Temple Street, Boston MA 02114

Total Gross Income (Calculated)$178,068

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor4

Levels in Unit1

Rent Includes

General Information for 16 Temple Street, Boston MA 02114

Listing ID73586458

Property TypeMulti Family / 4 Family

Price2849000 ($851.46/SqFt)

Style4 Family - 4 Units Up/down

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total3346

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningL-2-65

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 16 Temple Street, Boston MA 02114

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 16 Temple Street, Boston MA 02114

Real Estate Taxes19609

Tax Year2026

Assessed Value$1,581,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 16 Temple Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area Amenities

Contact Information for 16 Temple Street, Boston MA 02114

Agent

Name: Kevin Benzinger

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Name: Daniel Alper

Payment Calculator

, Interest

Property Taxes 1634.08

Principal & Interest 17554.63

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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    [unparsed] => 16 Temple Street, Boston MA 02114
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EXIT

Active

16 Temple Street, Boston MA 02114

$2,849,000

Annual Expenses for 16 Temple Street, Boston MA 02114

Annual Income & Unit Breakdown for 16 Temple Street, Boston MA 02114

General Information for 16 Temple Street, Boston MA 02114

Disclosures for 16 Temple Street, Boston MA 02114

Financial Information for 16 Temple Street, Boston MA 02114

Location Information for 16 Temple Street, Boston MA 02114

Contact Information for 16 Temple Street, Boston MA 02114

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger