Beds9
Baths9
Sq.Ft.5,520
Year1879
Justin Rollo
(617) 488-9549
11 Hereford Street in Boston, MA 02116 is now for sale for $5,800,000. This 9 bed, 9 bath home has a total of 5520 square feet. Located in Suffolk county property is listed as MLS#72851445.
Status:
Sold
Property Type:5-9 Family
MLS #:72851445
Sq. Feet:5,520
Date Sold:9/1/2021
Lot Size:0.04 Acres
County:Suffolk
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!
Detailed Maps
Community Information
Address:11 Hereford Street, Boston, MA 02116
Area:Back Bay
County:Suffolk
City:Boston
Zip Code:02116
Architecture
Bedrooms:
9
Bathrooms:
9
Year Built:1879
Stories:5
Construction Materials: Brick
Building Area: 5520
Roof: Rubber
Foundation: Granite
Basement: Partially Finished
Parking Features: On Street
Features / Amenities
Interior Features: Crown Molding, Unit 1 Rooms(Living Room, Kitchen)
Fireplace Yes/No: Yes
Fireplace Features: Wood Burning
Cooling Yes/No: Yes
Cooling: Central Air
Heating: Central
Total Rooms:42
Property Features
Lot Size:
0.04 Acres
Lot Features: Corner Lot
Sewer: Public Sewer
Water: Public
Zoning:res
Directions:Hereford between Marlborough St and Beacon Streets
Tax and Financial Info
Tax Year: 2021
Tax Annual Amount: $18,394
Current Financing: Cash
Gross Income: $309,803
Operating Expense: $60,000
Rent Includes: Unit 1(Heat, Electric, Water, Hot Water)
Buyer Agent Compensation: 2.5
Disclosures: New Boiler In 2020- Building Has Sprinkler System. Central A/C In All Units Except 2 Lower Studio Units..
Listing Agent/Office
Listing provided courtesy of Roberta Orlandino, Coldwell Banker Realty - Back Bay.
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Listing Information Last Updated 3/28/2024