Excellent investment opportunity! Located on the east side of West Springfield Street between Washington Street and Shawmut Avenue in Boston's highly-desirable South End, 99-101 West Springfield offers an unusual opportunity to acquire two side-by-side buildings in excellent condition. Each building is individually zoned for 4-6 units and offers hardwood floors, exposed brick, rear terraces, and common laundry. The multi-family property currently consists of 8 residential units (two 2-bedroom duplexes and six 1-bedroom floor-through units) all within approximately 7,250 gross square feet as measured. 99-101 West Springfield is in excellent condition with many updates and is fully leased/tenanted, offering a turnkey income-producing asset. Units have rented very quickly and and the building provides an opportunity for value-add to increase operating income. Seller may consider splitting the buildings and selling individually.
Listed By
Agency Name: Compass
Agency Phone: 617-206-3333
Agent Name: Hanneman + Gonzales
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 18,565.85 per month $14,466.18 Principal & Interest $2,203.83 Property Tax $1,895.83 Homeowner's Insurance
99-101 West Springfield St | MLS# 73488245
This multi-family property located at 99-101 West Springfield St, Boston, MA 02118 is currently listed for sale with an asking price of $6,500,000. Search Boston real estate on www.masiellogrouprealestate.com today.