Multi Family property with 9 bedroom(s), 9 bathroom(s) in Boston MA.
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.
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