$6,500,000

Estimated payment $38,518/month

Total Views 2,806
10 Beds
10 Baths
7,250 Sq Ft
$897 Price per Sq Ft

About This Home

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.

Listing Agent

Hanneman Gonzales Penney Gould

Compass Listed on: 04/09/2025

Compass

Co-Listing Agent

Nick Hanneman

Compass

Co-Listing Agent

Chris Gonzales

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,447

Year Built

  • Built in 1899

Lot Details

  • 1,926 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Community Details

Overview

  • 8 Units
  • Property has 2 Levels

Building Details

  • Operating Expense $66,131
  • Net Operating Income $210,769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,447

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1899
  • Levels: 11
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Above Grade Finished Sq Ft: 5438
  • Below Grade Sq Ft: 1812
  • Living Area: 7250
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 896.55
  • PRICE PER Sq Ft: 896.55

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1926
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 26446.78
  • Tax Book Number: 0

Multi Family

  • Gross Income: 276900
  • Net Operating Income: 210769
  • Number Of Units Total: 8
  • Operating Expense: 66131
  • Total Actual Rent: 11675
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $6,500,000 +32.7% $897 / Sq Ft
06/20/2017 06/20/17 Sold $4,900,000 -6.7% $676 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $5,250,000 -- $724 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73357139

MLS Property Information Network (MLS PIN)