11 Hereford Street Back Bay, MA 02116
Listing Courtesy of: MLS PIN / Coldwell Banker Realty Back Bay / Roberta Orlandino

  11 Hereford Street Back Bay, MA 02116

Sold (30 Days)
$5,800,000
9
BED
9
BATH
5,520
SQFT

Description

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!

MLS #:
72851445
Taxes
$18,394(2021)
Lot Size
1,775 SQFT
Type
Multifamily
Year Built
1879
County
Suffolk County

Listed By

Roberta Orlandino, Coldwell Banker Realty
Bought with
Jonathan Radford, Coldwell Banker Realty Back Bay
Source
MLS PIN
Last checked Mar 28 2024 at 8:40 PM GMT+0000
Bathroom Details
Lot Information
  • Corner
Property Features
  • Fireplace: 4
  • Foundation: Granite
Basement Information
  • Partially Finished
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: City/Town Water
  • Sewer: City/Town Sewer
Parking
  • On Street Permit
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