99 + 101 W. Springfield St
$5,950,000
10
Beds
10
Baths
7,250
Sqft
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$5,950,000
10
Beds
10
Baths
7,250
Living Area
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Property Description
Excellent South End investment opportunity. 99–101 West Springfield Street offers the rare opportunity to acquire two side-by-side, well-maintained multifamily buildings in a prime location between Washington Street and Shawmut Avenue. The two properties total 7,250 square feet (as architect measured) and comprise eight residential units: two 2-bedroom duplexes and six 1-bedroom floor-through units. Each building is individually zoned for 4–6 units and features hardwood floors, exposed brick, rear terraces, and common laundry. Situated in one of Boston’s strongest rental markets and in close proximity to hospitals and colleges/universities, the property benefits from a deep and reliable tenant base and consistent rental demand. The buildings have undergone numerous updates and are currently fully leased, providing immediate income with a strong leasing history. With units that have consistently rented quickly, the offering presents a turnkey investment with additional value-add potential to increase operating income over time. Seller may consider selling the buildings individually.
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Highlights
- Area: South End
- Property Class: Residential Income
- Stories: 5
- Year Built: 1899
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 28
- Status: Active
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Additional Details
- Construction: Brick
- Lot Features: Other
- Total Number of Units: 8
- Year Built Source: Public Records
- Foundation: Stone, Brick/Mortar, Granite
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Res
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,263,200
- Taxes: $26,446
- Tax Year: 2026
- Total Rent: $23,375
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