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:
Presented By: