11 Hereford Street

Incredible Back Bay cash flow opportunity! Established Hereford Street 5-story, 9-unit lodging house licensed to be operated for short or extended stay apartments. Scarcity dictates value. Back Bay no longer issues new lodging licenses and Boston has severely curtailed short term rentals, creating a further boon for this singular property. This elegant building on the coveted sunny corner of Hereford totals four 1-bedroom suites and five studios offering classic Boston streetscape views. The interior grandeur is intact featuring dramatic bay windows in double parlors, modern baths and updated kitchens. A private rear garden and spiral stair for roof access with amazing views and deck potential. Plans are available for parking in rear.Serviced apartments are the new black for savvy investors. Professional operator hosts are starved for legal short-term properties and you’ll round out your portfolio capturing the amazing cash flow generated by these properties. Take it to the bank!

9
beds

9
baths

5,520 Sq.Ft. LIVING AREA

1,775 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms9
Total bathrooms9
full bathrooms9
Fireplace Wood Burning
other interior Features Crown Molding, Unit 1 Rooms(Living Room, Kitchen)

Area & Lot

Status Sold
Living Area5,520 Sq.Ft.
Lot Area1,775 Sq.Ft.
MLS® ID72851445
TypeMulti-Family
YEAR BUILT1879

Exterior

STORIES5
water SourcePublic
roofRubber
lot featuresCorner Lot
parkingOn Street
HEAT TYPECentral
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureBrick
HOA AmenitiesPublic Transportation, Park, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School, T-Station, University

Financial

Sales Price$5,800,000
Real Estate Tax $18,394/yr
Zoning res

Contact Details

Roberta Orlandino

Phone

(617) 312-1511

[email protected]

Address

399 Boylston Street Boston, MA 02116

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