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 Bostons 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.
Listed By
Agency Name: Compass
Agent Name: Hanneman + Gonzales
Agency Phone: 617-206-3333
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 17,181.37 per month $13,242.12 Principal & Interest $2,203.83 Property Tax $1,735.42 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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99 + 101 W. Springfield St | MLS# 73576603
This multi-family property located at 99 + 101 W. Springfield St, Boston, MA 02118 is currently listed for sale with an asking price of $5,950,000. Search Boston real estate on www.masiellogrouprealestate.com today.