About 1-5 Cortes Street
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.
Features of 1-5 Cortes Street
| MLS® # | 73431804 |
|---|---|
| Price | $22,000,000 |
| Bedrooms | 9 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 15,108 |
| Acres | 0.13 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 5+ Family - Rooming House |
| Status | Active |
Community Information
| Address | 1-5 Cortes Street |
|---|---|
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02116 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | Yes |
|---|---|
| # of Fireplaces | 18 |
| # of Stories | 18 |
| Stories | 18 |
Exterior
| Lot Description | Other |
|---|---|
| Roof | Rubber |
| Construction | Brick |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | 9 |
|---|
Listing Details
| Agent | Christopher Sower |
|---|---|
| Office | Cushman & Wakefield |