1-5 Cortes St Boston, MA 02116
Bay Village NeighborhoodEstimated payment $122,038/month
Highlights
- 0.13 Acre Lot
- 18 Fireplaces
- 2-minute walk to Bay Village Park
- Beethoven Elementary School Rated A-
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.
Property Details
Home Type
- Multi-Family
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $9,615,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,900,000 | No Value Available | |
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $45,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73431804
APN: CBOS-000000-000005-001096
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Ask me questions while you tour the home.