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1-5 Cortes Street, Boston MA 02116
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12 photos

$22,000,000

1-5 Cortes Street, Boston MA 02116
Boston, MA 02116
Listed by Christopher Sower
Bedrooms
9
Bathrooms
9
Living area
15,108 sqft
Year built
1910

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.

Highlights

Fireplace

Property details

MLS #
73431804
Property type
5+ Family - Rooming House
Subdivision
N/A
Status
Active
Days on market
338
On market date
September 17, 2025
Stories
18
Garage spaces
N/A
Lot size
0.13 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Josiah Quincy
0.26 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
711
Student:teacher ratio
10.9:1
District
Boston
MiddleCharter
UP Academy Charter School of Boston
1.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
317
Student:teacher ratio
10.2:1
District
UP Academy Charter School of Boston (District)
High
Quincy Upper School
0.04 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
553
Student:teacher ratio
13.5:1
District
Boston

Mortgage calculator

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Est. monthly payment
$132,637/mo
$4,400,000 down
$17,600,000 loan
Principal & interest$114,153
Property tax (est.)$18,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 21, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.