$6,500,000

Estimated payment $36,024/month

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 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

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
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,447

Year Built

Built in 1899

Lot Details

1,926 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1899
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Basement YN: Yes
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Above Grade Finished Sq Ft: 5438
  • Below Grade Sq Ft: 1812
  • Living Area: 7250
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2383

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone, Brick/Mortar, Granite
  • 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 Sq Ft: 1926
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 26446.8

Multi Family

  • Net Operating Income: 212952
  • Number Of Units Total: 8
  • Operating Expense: 67548
  • Total Actual Rent: 23375
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEASE 2: Y
  • LEASE 1: Y

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73488245

MLS Property Information Network (MLS PIN)
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