99 + 101 W. Springfield St, Boston, MA

$5,950,000

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10

Beds

10

Baths

7,250

Square feet

0.04

Acres

About 99 + 101 W. Springfield St

Excellent South End investment opportunity. 99–101 West Springfield Street offers the rare opportunity to acquire two side-by-side, well-maintained multifamily buildings in a prime location between Washington Street and Shawmut Avenue. The two properties total 7,250 square feet (as architect measured) and comprise eight residential units: two 2-bedroom duplexes and six 1-bedroom floor-through units. Each building is individually zoned for 4–6 units and features hardwood floors, exposed brick, rear terraces, and common laundry. Situated in one of Boston’s strongest rental markets and in close proximity to hospitals and colleges/universities, the property benefits from a deep and reliable tenant base and consistent rental demand. The buildings have undergone numerous updates and are currently fully leased, providing immediate income with a strong leasing history. With units that have consistently rented quickly, the offering presents a turnkey investment with additional value-add potential to increase operating income over time. Seller may consider selling the buildings individually.

Features of 99 + 101 W. Springfield St

MLS® # 73576603
Price $5,950,000
Bedrooms 10
Bathrooms 10.00
Full Baths 10
Square Footage 7,250
Acres 0.04
Year Built 1899
Type Residential Income
Sub-Type 5-9 Family
Status Active

Community Information

Address 99 + 101 W. Springfield St
Area South End
City Boston
County Suffolk
State MA
Zip Code 02118

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 5
Stories 5

Additional Information

Zoning RES

Listing Details

Agent Hanneman + Gonzales
Office Compass

Listing Map

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