Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1-5 Cortes Street

Boston, MA ID #73431804

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1-5 Cortes Street

- Boston, MA ID #73431804

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - Rooming House
  • Zip Code: 02116
  • Taxes: 9
  • Levels: 18
  • Acres: 0.13

Rooms/Dimensions

  • Total Units: 58
  • Total Floors: 18
  • Total Rooms: 18

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Christopher Sower of Cushman & Wakefield. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.