1-5 Cortes St Boston, MA 02116
Estimated payment $116,032/month
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.
Listing Agent
Chris Sower
Cushman & Wakefield Listed on: 09/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,827
Year Built
- Built in 1910
Lot Details
- 5,794 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 15,108 Sq Ft Home
- 18 Fireplaces
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Community Details
- 58 Units
- Property has 9 Levels
Listing and Financial Details
- Assessor Parcel Number 3348833
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,827 | $675,900 | $255,800 | $420,100 |
| 2024 | $7,367 | $675,900 | $255,800 | $420,100 |
| 2023 | $7,259 | $675,900 | $255,800 | $420,100 |
| 2022 | $7,354 | $675,900 | $255,800 | $420,100 |
| 2021 | $7,212 | $675,900 | $236,100 | $439,800 |
| 2020 | $7,138 | $675,900 | $236,100 | $439,800 |
| 2019 | $7,125 | $676,000 | $236,100 | $439,900 |
| 2018 | $6,985 | $666,500 | $225,500 | $441,000 |
| 2017 | $7,058 | $666,500 | $214,900 | $451,600 |
| 2016 | $7,046 | $640,500 | $199,100 | $441,400 |
| 2015 | $6,618 | $546,500 | $177,900 | $368,600 |
| 2014 | $6,749 | $536,500 | $158,600 | $377,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $22,000,000 | -- | $1,456 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $9,615,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,900,000 | Unknown |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73431804
APN: CBOS-000000-000005-001096
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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