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.
15,108 Sq Ft
5,794 Sq Ft Lot Size
Investment
$9 Annual Tax
Built in 1910
MLS/Listing ID 73431804
18 Stories
58 Units
Construction - Brick
Concrete Perimeter
Rubber
Source of Data: MLS PROPERTY INFORMATION NETWORK
TOTAL MONTHLY COST
-
-
-