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.
- Construction:
- Brick
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- No
- Market Time:
- 4
- Tax Year:
- 2099
- Status:
- Active
- Price Per Sqft:
- $1,456
- Zoning:
- 9
- No Units:
- 58
- Orig Price:
- $22,000,000
- Fireplaces:
- 18
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02116
- Longitude:
- W72° 55' 48.9''
- Latitude:
- N42° 20' 54.3''
Residential Income
1-5 Cortes Street, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $22,000,000
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 9
- Full Bathrooms :
- 9
- Square Footage :
- 15,108 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73431804
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
