Active
2 Days on market
99 + 101 W. Springfield St Boston — Photo 1 of 32

99 + 101 W. Springfield St Boston — Photo 1 of 32

$5,950,000

99 + 101 W. Springfield St, Boston, MA 02118

Boston, MA 02118 — South End

Beds

10

Baths

10

SqFt

7,250

Style

5-9 Family

Built

1899

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$821/sqft
Local Avg (Boston)$457/sqft
80% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$5,950,000
Annual Taxes$26,446.8

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms28
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
Roof--
FoundationStone, Brick/Mortar, Granite
ZoningRES

Property & Lot

Acres0.04
SqFt Lot1,926
Lot FeaturesOther

Geography

Population

28,946

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$98K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

67.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Hanneman + Gonzales

Listing Office: Compass

MLS® Number: 73576603

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