29-35 Temple Pl Boston, MA 02110
Property details
About 29-35 Temple Pl
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.
Highlights
Summary
- MLS Number: 73296327
- MLS Name: MLS Property Information Network
- Office Name: Cushman & Wakefield
- Office Phone: (617) 204-4134
- Listing Agent: Christopher Sower
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Last updated on: 2/3/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$30,000,000
29-35 Temple Pl
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Price information
Property sales
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Nearby schools
6
Josiah Quincy Elementary School
Public District PK-5
0.5 mi
•885 Washington St
3
Blackstone Innovation School
Public District PK-5
1.1 mi
•380 Shawmut Ave
5
Harvard / Kent Elementary School
Public District PK-5
1.5 mi
•50 Bunker Hill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,714. The most common annual income of people living in Boston, MA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 29-35 Temple Pl in Boston, MA and zip code 02111 in the Downtown neighborhood. This 26,600 square foot home, which was built in 1895, sits on a 0.11 acre lot. Features: 42 bedrooms, 32 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $30,000,000.
Boston, MA housing market in January 2025 saw over 44 listings sold above listed price, more than 36 sold at listed price and over 152 sold below. The number of listings in Boston, MA increased by 5% between December and January 2025. In January 2025 median list price was $824,920 and the average listing age was 64 days.