99 + 101 W. Springfield St, Boston, MA 02118
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$5,950,000
8 Unit
10 Beds
10 Baths
7250 SQFT
0.04 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 5
  • Total Bedrooms: 10
  • Total Full Baths: 10

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 295200
  • Net Operating Income: 90900

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: 1
  • Levels: 2

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Brick, Fieldstone, Granite
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73576603
  • Last Updated: 09/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/14/2026New$5,950,000$821MLSPIN
03/12/2026Expired$6,500,000$897MLSPIN
09/15/2025Active$6,500,000$897MLSPIN
09/11/2025New$6,500,000$897MLSPIN

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Seller's Representative: , 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 2026-09-14 09:33:00