99 W Springfield St Boston, MA 02118
South End NeighborhoodEstimated payment $38,414/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 73357139
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