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 excellent 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. Seller may consider splitting the buildings and selling individually.
— MLSPIN #: 73429403Map of 99 + 101 West Springfield St, Boston, MA 02118
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| List Price: | $6,500,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73429403 |
| Town: | Boston |
| Neighborhood: | South End |
| County: | Suffolk |
| Zip: | 02118 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 10 |
| Full Baths: | 10 |
| Living Area: | 7,250 sqft |
| Acres: | 0.04 |
| Taxes: | 26,447 |
| Lot Features: | Other |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1899 |
| Directions: | Use GPS or Google Maps |
| Foundation Details: | Stone, Brick/Mortar, Granite |
| Construction Materials: | Brick |
| Listing Contract Date: | 2025-09-11 |
| Lot Size Area: | 0.04 |
| Lot Size Square Feet: | 1,926 |
| Rooms Total: | 28 |
| Bathrooms Total Integer: | 10 |
| Building Area Source: | Public Records |
| Building Area Total: | 7,250 |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 8 |
| Sewer: | Public Sewer |
| Zoning: | RES |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Disclosures: | Each building is zoned individually as a 4-6 Family as per public record. Seller makes no representation that building can be developed into more or less units. Building sold as is. |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $280,500 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Gre: | 67,548 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 2 |
| Levels 2: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $896.55 |
| Page: | 0 |
| Price Per Sqft: | $896.55 |
| Square Feet Disclosures: | Gross sqft per public record, buyer to do due diligence |
| Square Feet Incl Base: | Yes |
| Net Operating Income: | $212,952 |
| Operating Expense: | $67,548 |
| Original List Price: | $6,500,000 |
| Tax Assessed Value: | $2,263,200 |
| Tax Year: | 2026 |
| Total Actual Rent: | $23,375 |
| Year Built Details: | Approximate |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| F Bths 1: | 2 |
| F Bths 2: | 2 |
| Rent1: | 3,875 |
| Rent2: | 3,550 |
Disclaimer:
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.
MLS Property Information Network, Inc. data last updated on September 15, 2025 07:09 PM
Property Last Updated: September 15, 2025 03:06 AM
Listing Courtesy of: Compass
Listing Agent: Hanneman + Gonzales
