1-5 Cortes Street, Boston MA 02116
Boston, MA 02116
$22,000,000
Est. $111,445/month
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About this home
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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 17, 2025
$22,000,000
Original listing
Agent: Christopher Sower
Office: Cushman & Wakefield
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/17/2025 | 🏠 Listed for Sale | $22,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2099 | $9 | $9 |
Financial Details
Annual Property Tax
$9
Tax Year 2099
Assessed Value
$9
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - Rooming House
Year Built
1910
Living Area
15,108 sq ft
Lot Size
0.13 acres
Bedrooms
9
Full Baths
9
Total Rooms
18
Investment Metrics
Units
58
Unit 1 Rent
$9,999/mo · N
Unit 2 Rent
$9,999/mo · N
Total Monthly Rent
$19,998/mo
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
18
Basement
None
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9
Assessed Value
$9
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
9
Living Area
15,108 sq ft
Total Rooms
18
Stories
18
Levels
18
Floor Layout
Interactive room guide
Floor Layout
Finished Area
15,108 sq ft above grade
Display Options
Room Markers
KKitchen (1)
BABathroom (4)
BRBedroom (5)
DDining (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Concrete Perimeter
Stories:
18
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Parking Features:
Special Features
Fireplaces:
18
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
10 schools
D
Melvin H. King South End Academy
0.4 mi
|
#24 of 25
|
Score: 20.2
Improved 363 spots from last year
-38.1 below state avg
125 students
Diverse
Rising School
Diverse Student Body
Grades PK-12
The Learning Project
0.5 mi
Grades K-06
F
Blackstone Elementary School
0.5 mi
|
#809 of 824
|
Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students
Moderate
Grades PK-06
Park Street School
0.6 mi
Grades K-07
Kingsley Montessori School
0.7 mi
Grades PK-06
Advent School
0.7 mi
Grades K-06
C
Hurley K-8 School
0.8 mi
|
#258 of 352
|
Score: 35.8
Dropped 23 spots from last year
-22.4 below state avg
335 students
Moderate
Grades PK-08
D
Perkins Elementary School
1.1 mi
|
#772 of 824
|
Score: 30.9
Improved 29 spots from last year
-27.3 below state avg
167 students
Diverse
Rising School
Diverse Student Body
Grades PK-06
F
Condon K-8 School
1.1 mi
|
#345 of 352
|
Score: 24.6
Improved 13 spots from last year
-33.6 below state avg
518 students
Diverse
Diverse Student Body
Grades PK-08
B
Excel Academy Charter School
1.2 mi
|
#155 of 346
|
Score: 54.9
Improved 160 spots from last year
-3.3 below state avg
1,379 students
Moderate
High Graduation Rate
Rising School
Grades 05-12
Middle Schools
10 schools
Middle School Academy
1.4 mi
F
Higginson/Lewis K-8 School
2.1 mi
|
#349 of 352
|
Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students
Diverse
Grades 03-08
Nativity Prep School
2.5 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.6 mi
|
#4 of 16
|
Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students
Diverse
Rising School
College Ready Curriculum
Grades 05-08
Dearborn Middle School
2.9 mi
Mother Caroline Academy
2.9 mi
Grades 05-08
Epiphany School
3.8 mi
Grades 05-08
C
Ohrenberger School
7.3 mi
|
#265 of 352
|
Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students
Diverse
Rising School
Diverse Student Body
Grades 03-08
UP Academy
1.4 mi
Timilty Middle
1.7 mi
High Schools
10 schools
C
Quincy Upper School
0.3 mi
|
#268 of 346
|
Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students
Very Diverse
12 sports
• 208 athletes
High Graduation Rate
Diverse Student Body
Grades 06-12
Cathedral High School
0.5 mi
9 sports
• 430 athletes
Grades 07-12
Newman School
0.7 mi
Grades 07-12
A-
O'Bryant School of Math & Science
1.6 mi
|
#90 of 346
|
Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students
Very Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades 07-12
B
Dearborn STEM Academy
1.6 mi
|
#13 of 25
|
Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students
Diverse
10 sports
• 242 athletes
Early College Program
Rising School
Grades 07-12
A+
Boston Latin School
1.8 mi
|
#19 of 346
|
Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students
Very Diverse
18 sports
• 2,006 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
D
Charlestown High School
2.3 mi
|
#322 of 346
|
Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students
Diverse
11 sports
• 488 athletes
Early College Program
Rising School
Grades 07-12
A+
Boston Latin Academy
2.4 mi
|
#2 of 25
|
Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students
Very Diverse
17 sports
• 1,298 athletes
High Graduation Rate
Rising School
Strong Athletics
Diverse Student Body
Grades 07-12
C
Ruth Batson Academy
2.5 mi
|
#19 of 25
|
Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students
Diverse
8 sports
• 128 athletes
Early College Program
Rising School
Grades 07-12
C-
East Boston High School
2.9 mi
|
#305 of 346
|
Score: 37.3
Improved 31 spots from last year
-20.9 below state avg
1,252 students
Less Diverse
14 sports
• 584 athletes
Early College Program
Rising School
Grades 07-12
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
1-5 Cortes Street, Boston MA 02116
Boston, MA 02116
Listing Information
Listing Agent
Christopher Sower
Listing Office
Cushman & Wakefield
Office Phone
617-330-6966
Agent MLS ID
CT003909
Office MLS ID
AN6656
Listing Data Updated
Sep 21, 2025 3:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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