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1-5 Cortes Street, Boston MA 02116 - Preview 1 1-5 Cortes Street, Boston MA 02116 - Preview 2 1-5 Cortes Street, Boston MA 02116 - Preview 3 1-5 Cortes Street, Boston MA 02116 - Preview 4 1-5 Cortes Street, Boston MA 02116 - Preview 5 1-5 Cortes Street, Boston MA 02116 - Preview 6 1-5 Cortes Street, Boston MA 02116 - Preview 7 1-5 Cortes Street, Boston MA 02116 - Preview 8 1-5 Cortes Street, Boston MA 02116 - Preview 9 1-5 Cortes Street, Boston MA 02116 - Preview 10 1-5 Cortes Street, Boston MA 02116 - Preview 11 1-5 Cortes Street, Boston MA 02116 - Preview 12

1-5 Cortes Street, Boston MA 02116

Boston, MA 02116
$22,000,000
Est. $111,445/month
9
Beds
9
Baths
15,108
Sq Ft
$1,456
Price/Sq Ft
0.13
Acres
1910
Year Built
5+ Family - Rooming House
Type
299
Days on Market
Active Listed Sep 17, 2025 • MLS# 73431804 Copied! • Updated Sep 21, 2025

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

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
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 18
Basement None
Laundry None
Features None
Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9
Assessed Value $9
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
E

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
M

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
H

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
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

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Property Tax $1
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
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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.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
(617) 800 - 9008 contact@bmnboston.com
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1-5 Cortes Street, Boston MA 02116 - Photo 1 1-5 Cortes Street, Boston MA 02116 - Photo 2 1-5 Cortes Street, Boston MA 02116 - Photo 3 1-5 Cortes Street, Boston MA 02116 - Photo 4 1-5 Cortes Street, Boston MA 02116 - Photo 5 1-5 Cortes Street, Boston MA 02116 - Photo 6 1-5 Cortes Street, Boston MA 02116 - Photo 7 1-5 Cortes Street, Boston MA 02116 - Photo 8 1-5 Cortes Street, Boston MA 02116 - Photo 9 1-5 Cortes Street, Boston MA 02116 - Photo 10 1-5 Cortes Street, Boston MA 02116 - Photo 11 1-5 Cortes Street, Boston MA 02116 - Photo 12
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