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

$5,950,000
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New to the Market Active
BEDS10 BATHS10 full SQUARE FEET7,250 MLS#73576603
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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 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.

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.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.04 Acres
Stories: 5.0
Taxes: $26,446
Year Built: 1899

Feature Descriptions

Building Area Total: 7250
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5-9 Family
Exterior: Brick
Lot Features: Other
Parking Total: 0
Rooms Total: 28
Sewer: Public Sewer
Units: 8
Water: Public

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: Hanneman + Gonzales
Agency Phone: 617-206-3333

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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 Insurance

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