99 W Springfield St Boston, MA 02118
South End NeighborhoodEstimated payment $36,024/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 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 as measured. 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.
Listing Agent
Hanneman + Gonzales
Compass Listed on: 03/18/2026
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
- Brick Foundation
- Stone Foundation
Interior Spaces
- Granite Flooring
- Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Full Bathrooms
Community Details
Overview
- 8 Units
- Property has 2 Levels
Building Details
- Operating Expense $67,548
- Net Operating Income $212,952
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,104 | $1,131,600 | $283,800 | $847,800 |
| 2024 | $12,427 | $1,140,100 | $283,800 | $856,300 |
| 2023 | $12,528 | $1,166,500 | $283,800 | $882,700 |
| 2022 | $11,868 | $1,090,800 | $283,800 | $807,000 |
| 2021 | $11,801 | $1,106,000 | $253,100 | $852,900 |
| 2020 | $11,244 | $1,064,800 | $253,100 | $811,700 |
| 2019 | $11,067 | $1,050,000 | $253,100 | $796,900 |
| 2018 | $10,480 | $1,000,000 | $241,000 | $759,000 |
| 2017 | $10,129 | $956,500 | $228,800 | $727,700 |
| 2016 | $9,653 | $877,500 | $211,300 | $666,200 |
| 2015 | $9,270 | $765,500 | $188,500 | $577,000 |
| 2014 | $9,391 | $746,500 | $168,300 | $578,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2026 03/18/26 | 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 | View Prior Sale |
| 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: 73488245
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Ask me questions while you tour the home.