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1-5 Cortes StreetBoston, MA 02116

For Sale

$22,000,000

Smart Buyer Rebate $110,000

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.

Listed by Christopher Sower

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Cushman & Wakefield

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617-816-5257

Last updated September 21, 2025

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Source: MLSPin #73431804

Listing Facts

  • TypeMulti-family
  • NeighborhoodBay Village
  • Bedrooms9
  • Bathrooms9
  • Days on Prevu37
  • Taxes$9/year
  • Size15,108 sqft
  • Price per sqft$1,456

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/17/2025
Listed by Cushman & Wakefield
$22,000,000

Property Details for 1-5 Cortes Street

Exterior

Construction

  • Number Of Units Total: 58
  • Roof: Rubber
  • Stories: 18
  • Stories Total: 18
  • Year Built: 1910
  • Year Built Details: Actual
  • Construction Materials: Brick

Measurements

  • Building Area Total: 15,108
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,794
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 3348833
  • Tax Annual Amount: $9.00
  • Tax Assessed Value: $9.00
  • Tax Year: 2099

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 18

Measurements

  • Living Area: 15,108
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 9
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 9
  • Rooms Total: 18

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.