99 + 101 W. Springfield St, Boston MA 02118
Boston, MA 02118 • South End
$5,950,000
Est. $32,490/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 14, 2026
$5,950,000
Original listing
Agent: Hanneman + Gonzales
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/14/2026 | 🏠 Listed for Sale | $5,950,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $26,447 | $2,263,200 |
Financial Details
Annual Property Tax
$26,447
Tax Year 2026
Assessed Value
$2,263,200
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1899
Living Area
7,250 sq ft
Lot Size
0.04 acres
Stories
5
Bedrooms
10
Full Baths
10
Total Rooms
28
Investment Metrics
Units
8
Unit 1 Rent
$3,950/mo · Y
Unit 2 Rent
$3,625/mo · Y
Total Monthly Rent
$7,575/mo
Gross Income
$295,200
Net Operating Income
$90,900
Cap Rate
1.53%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$26,447
Assessed Value
$2,263,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Each Building Is Zoned Individually As A 4-6 Family As Per Public Record. Seller Makes No Representations On Future Use.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Gross sqft per public record, buyer to do due diligence
Documents
None
County
Suffolk
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1899
Bedrooms
10
Full Bathrooms
10
Living Area
7,250 sq ft
Total Rooms
28
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,438 sq ft above grade
1,812 sq ft below grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1899
Structure Type:
Exterior Materials:
Brick
Roof:
Foundation:
Stone, Brick/Mortar, Granite
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
C
Hurley K-8 School
< 0.1 mi
|
#259 of 352
|
Score: 35.7
Dropped 24 spots from last year
-22.5 below state avg
337 students
Moderate
Grades PK-08
Blackstone Elementary
0.3 mi
F
Blackstone Elementary School
0.3 mi
|
#808 of 825
|
Score: 26.2
Improved 13 spots from last year
-32 below state avg
572 students
Moderate
Grades PK-06
Middle Schools
1 school
Timilty Middle
0.9 mi
High Schools
3 schools
Cathedral High School
0.5 mi
9 sports
• 430 athletes
Grades 07-12
F
Boston Day and Evening Academy Charter School
0.8 mi
|
#346 of 346
|
Score: 14.1
Improved 44 spots from last year
-44.1 below state avg
313 students
Diverse
Rising School
Grades 09-12
Madison Park High
0.8 mi
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,204
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
South End
99 + 101 W. Springfield St, Boston MA 02118
Boston, MA 02118
Listing Information
Listing Agent
Hanneman + Gonzales
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM361002
Office MLS ID
AN2383
Listing Data Updated
Sep 14, 2026 9:33 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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