99-101 West Springfield St, Boston, MA 02118
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$6,500,000
8 Unit
10 Beds
10 Baths
7250 SQFT
0.04 Acre

Property Description

Excellent investment opportunity! Located on the east side of West Springfield Street between Washington Street and Shawmut Avenue in Boston's highly-desirable South End, 99-101 West Springfield offers an unusual opportunity to acquire two side-by-side buildings in turnkey condition. Each building is individually zoned for 4-6 units and offers hardwood floors, exposed brick, rear terraces, and common laundry. The multi-family property currently consists of 8 residential units (two 2-bedroom duplexes and six 1-bedroom floor-through units) all within approximately 7,250 gross square feet. 99-101 West Springfield is in excellent condition with many updates and is fully leased/tenanted, offering a turnkey income-producing asset. Units have rented very quickly and and the building provides an opportunity for value-add to increase operating income.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 11
  • Total Bedrooms: 10
  • Total Full Baths: 10

Financial

  • APOD Available: Yes
  • Gross Operating Income: 276900
  • Gross Expenses: 66131
  • Net Operating Income: 210769

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73357139
  • Last Updated: 04/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/13/2025Active$6,500,000$897MLSPIN
04/09/2025New$6,500,000$897MLSPIN

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Seller's Representative: Hanneman Gonzales Penney Gould, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-13 04:05:00