Property Description

53 Temple Street contains five (5) residential units consisting of two (2) 2-Bedroom/1-Bathroom units and three (3) 1-Bedroom/1-Bathroom units with 3,520 square feet of living area in 6,066 total gross square feet on a 0.25-acre parcel of land. The Property features ample off-street parking with spaces for up to seven (7) vehicles for residents. 53 Temple Street is centrally located just one block from Whitman Center, with convenient access to Route 27, Route 18, and Route 14, and Route 3. Commuters benefit from the Whitman MBTA Commuter Rail station less than one 1-mile away, offering direct service to Boston. The Property is separately metered for electricity, electric heat, oil-fired heat, and hot water, which the tenants pay directly. The Landlord is responsible for domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units and common areas.