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!