$2,849,000 · For sale

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.
16 Temple Street is a multi-family home for sale in Boston, MA 02114 with 3,346 square feet, asking $2,849,000. It was built in 1899. It has been on our site since October 15, 2026.
At $851 a square foot, it compares with a median of $417 among the 293 other multi-family homes for sale in Boston with a stated size.
The whole property at this address is assessed at $1,617,100 for fiscal year 2023. The assessor lists a lot of 0.03 acres.
It scores 100 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Bowdoin (MBTA Blue Line), about 0.1 miles away. The closest bus stop is Cambridge St @ Government Ctr Sta (MBTA route 354), about 0.2 miles away.
The closest public schools by level are Eliot K-8 Innovation School (0.6 miles), Vassal Lane Upper School (1.3 miles) and Boston Adult Tech Academy (0.9 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73586458, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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