1-5 Cortes Street, Boston, Massachusetts, United States, 02116

22,000,000
for Sale
9
9
5,794

About the property:

Presenting Arlington & Cortes, a portfolio of four (4) beautiful brownstone buildings - 1-5 Cortes Street and 143 Arlington Street - featuring 58 furnished short term rental units, located in Boston's Bay Village/Back Bay. Each building is a licensed lodging house enabling the short term rental operation. The building interiors are updated and recent building capital improvements include new roofs, re-pointed facades and life safety systems. The properties are situated in Boston’s most coveted neighborhood - Bay Village/Back Bay, surrounded by demand generators and incredible amenities. The properties are convenient to public transportation/subways and major highways (I-90, I-93), and centrally located to Boston’s employment hubs in the Back Bay, Financial District, and Longwood Medical Area. The portfolio presents a unique combination of value-add potential through enhanced occupancy and operations, with incredibly stable existing cash flow.
Property Type:
5+ Family - Rooming House
Status:
for Sale
House Style:
Other
Bedrooms:
9
Bathrooms:
9
Full Bathrooms:
9
Acres:
0.13
Square Feet:
15108
Water:
Public
Sewer:
Public Sewer
Directions:
Four total buildings on the corner of Cortes and Arlington Streets.
Association Fee:
0
Listing ID:
73431804

Rooms

Dimensions

Brokered by:
Cushman & Wakefield
Presented By: