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Sammi (Wai Yi) Ng

sammiyeellc@gmail.com +1(617) 833-8856

$ 22,000,000

Est. payment -/mo

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Active

1-5 Cortes Street Boston, MA 02116

9 Beds

9 Baths

15,108 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 15,108 sqft

Price per Sqft $1,456

MLS Listing ID 73431804

Bedrooms 9

Full Baths 9

Year Built 1910

Annual Tax Amount $9

Tax Year 2099

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5+ Family - Rooming House

Property Description

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.

Location

State MA

County Suffolk

Zoning 9

Direction Four total buildings on the corner of Cortes and Arlington Streets.

Interior

Fireplaces Number 18

Exterior

Roof Type Rubber

Garage No

Building

Lot Description Other

Story 18

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Cushman & Wakefield

SCHOOLSPROPERTIES

Elementary Schools 20

8

Martin Luther King Jr.

Public | PK - 5
7

Amos A. Lawrence School

Public | KG - 8
7

Amigos School

Public | PK - 8
7

Albert F. Argenziano School at Lincoln Park

Public | PK - 8
7

Nathan Hale Elementary School

Public | PK - 5
6

Morse

Public | PK - 5
6

Roxbury Preparatory Charter School

Public | 5 - 8
6

Prospect Hill Academy Charter School

Public | KG - 12
6

Boston Collegiate Charter School

Public | 5 - 12
5

John F. Kennedy Elementary School

Public | PK - 5
5

Winter Hill Community

Public | PK - 8
5

Cambridgeport

Public | PK - 5
5

Fletcher/Maynard Academy

Public | PK - 5
5

King Open

Public | PK - 5
5

E Somerville Community

Public | KG - 8
5

Joseph J. Hurley K-8 School

Public | PK - 8
5

Josiah Quincy Elementary School

Public | PK - 5
5

Warren / Prescott K-8 School

Public | PK - 8
5

Edward Everett Elementary School

Public | PK - 5
5

William E Russell

Public | PK - 5

Middle Schools 20

9

Boston Latin School

Public | 7 - 12
8

John D. O'Bryant School of Mathematics and Science

Public | 7 - 12
8

Boston Latin Acadeny

Public | 7 - 12
6

Community Charter School of Cambridge

Public | 7 - 12
5

Putnam Avenue Upper School

Public | 6 - 8
4

Cambridge Street Upper School

Public | 6 - 8
4

Quincy Upper School

Public | 6 - 12
4

Clarence R. Edwards Middle School

Public | 6 - 8
4

Up Academy Charter School of Boston

Public | 6 - 8
2

James P. Timilty Middle School

Public | 6 - 8
2

John W. Mccormack Middle School

Public | 6 - 8
1

Carter Developmental Center

Public | 6 - 12
1

Henry Dearborn STEM Academy

Public | 6 - 12
1

Lilla G. Frederick Middle School

Public | 6 - 8
1

Boston Green Academy

Public | 6 - 12
0

Boston Trinity Academy

Private | 6 - 12
0

Ivy Street School

Private | 8 - 12
0

James F Farr Academy

Private | 8 - 12
0

Meridian Academy

Private | 6 - 12
0

Next Wave Junior High School

Public | 6 - 8

High Schools 20

5

Cambridge Rindge and Latin

Public | 9 - 12
5

Somerville High School

Public | 9 - 12
5

Edward M. Kennedy Academy for Health Careers (Horace Mann Charter School)

Public | 9 - 12
4

Margarita Muniz Academy

Public | 9 - 12
4

Fenway High School

Public | 9 - 12
4

Boston Arts Academy

Public | 9 - 12
4

City on a Hill Charter Public School

Public | 9 - 12
4

Jeremiah E. Burke High School

Public | 9 - 12
2

The English High School

Public | 9 - 12
2

Snowden International School At Copley

Public | 9 - 12
2

Charlestown High School

Public | 9 - 12
2

Excel High School

Public | 9 - 12
2

East Boston High School

Public | 9 - 12
1

Greater Egleston Community High School

Public | 9 - 12
1

Madison Park High

Public | 9 - 12
1

Boston Day and Evening Academy Charter School

Public | 9 - 12
0

Boston University Academy

Private | 9 - 12
0

Community Academy

Public | 9 - 12
0

Full Circle High School

Public | 9 - 12
0

The Newman School

Private | 9 - 12

School and business data provided by Attom Data.

Sammi (Wai Yi) Ng

Real Estate Broker & Consultant

+1(617) 833-8856

Sammi (Wai Yi) Ng

1-5 Cortes Street Boston, MA 02116

Key Details

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Interior

Exterior

Building

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1-5 Cortes Street