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99-101 W Springfield St
Multi-Family
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$6,500,000

$897/sqft

99-101 W Springfield St, Boston

Premium
10 bd·10 ba·7,250 sqft
Built 18991,926 sqft lotShawmut

99-101 W Springfield St, Boston, MA

10 bd · 10 ba · 7,250 sqft Multi-Family listed at $6,500,000, built in 1899 in the Shawmut neighborhood.

About this home

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.

Property details

Price
$6,500,000
Bedrooms
10
Bathrooms
10
Interior
7,250 sqft
Price / sqft
$897
Year built
1899
Lot size
1,926 sqft
Type
Multi-Family
Days on market
39
Est. property tax
$78,000/yr · $6,500/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($1,300,000)
Interest rate6.75%
Principal & Interest$33,727
Property Tax$5,958
Insurance$150
Total$39,835/mo

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Price history

$6.57M$6.50M$6.43M$6.50M on Apr 25 (Initial list)$6.50M on Aug 25 (Price change)$6.50M on Mar 26 (Initial list)
$6.50M · Apr 25$6.50M · Mar 26
  1. Mar 18, 2026$6,500,000Initial list price
  2. Aug 10, 2025$6,500,000Price change
  3. Apr 9, 2025$6,500,000Initial list price

Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 02118)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 37.3; 28% hold a bachelor's degree; median household income is $74,155.

Median income
$74,155
Median age
37.3
Owner-occupied
28.2%
Bachelor's degree
28.3%
Census median home value
$1,002,700

Source: US Census Bureau American Community Survey 5-year estimates.

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