Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

99 + 101 W. Springfield St

South End - Boston, MA ID #73576603

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Area: South End
  • Zip Code: 02118
  • Taxes: 26,447
  • Levels: 5
  • Acres: 0.04

Rooms/Dimensions

  • Total Units: 8
  • Total Floors: 5
  • Total Rooms: 28

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Hanneman + Gonzales of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.