16 Temple Street, Boston MA 02114

Boston, MA 02114 • Beacon Hill
$2,849,000
Est. $16,240/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
4
Baths
3,346
Sq Ft
$851
Price/Sq Ft
0.03
Acres
1899
Year Built
7 hours 1 minute
Time on Market
For Sale Listed Oct 4, 2026 • MLS# 73586458 Copied! • Updated Oct 4, 2026

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About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 5, 2026
$2,849,000
Original listing
Agent: Kevin Benzinger Office: Boston Realty Advisors

Tax History

Year Taxes Assessment
2026 $19,609 $1,581,400

Financial Details

Annual Property Tax
$19,609
Tax Year 2026
Assessed Value
$1,581,400

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1899
Living Area 3,346 sq ft
Lot Size 0.03 acres
Stories 4
Bedrooms 6
Full Baths 4
Total Rooms 18

Investment Metrics

Units 4
Unit 1 Rent $4,125/mo · Y
Unit 2 Rent $3,952/mo · Y
Unit 3 Rent $3,260/mo · Y
Unit 4 Rent $3,502/mo · Y
Total Monthly Rent $14,839/mo
Gross Income $178,068
Net Operating Income $178,068
Cap Rate 6.25%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction See Remarks
Architecture None
Roof Other
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $19,609
Assessed Value $1,581,400
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1899
Bedrooms
6
Full Bathrooms
4
Living Area
3,346 sq ft
Total Rooms
18
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1899
Structure Type:
Exterior Materials: See Remarks
Roof: Other
Foundation: Other
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,634
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Beacon Hill

16 Temple Street, Boston MA 02114

Boston, MA 02114

Listing Information

Listing Agent Kevin Benzinger
Listing Office Boston Realty Advisors
Office Phone 617-375-7900
Agent MLS ID CN216101
Office MLS ID AN8461
Listing Data Updated Oct 4, 2026 8:43 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
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