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
10 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
F
Blackstone Elementary School
0.4 mi
|
#808 of 825
|
Score: 26.2
Improved 13 spots from last year
-32 below state avg
572 students
Moderate
Grades PK-06
D
Perkins Elementary School
0.4 mi
|
#766 of 825
|
Score: 31.2
Improved 35 spots from last year
-27 below state avg
201 students
Diverse
Rising School
Diverse Student Body
Grades PK-06
D
Orchard Gardens K-8 School
0.5 mi
|
#325 of 352
|
Score: 28.8
Improved 14 spots from last year
-29.4 below state avg
716 students
Diverse
Grades PK-08
D
Melvin H. King South End Academy
0.5 mi
|
#24 of 25
|
Score: 20.4
Improved 363 spots from last year
-37.8 below state avg
80 students
Diverse
Rising School
Grades PK-12
B
Excel Academy Charter School
0.7 mi
|
#149 of 346
|
Score: 56.4
Improved 166 spots from last year
-1.9 below state avg
1,376 students
Moderate
High Graduation Rate
Rising School
Grades 05-12
Kingsley Montessori School
0.9 mi
Grades PK-06
C
Hale Elementary School
1.1 mi
|
#590 of 825
|
Score: 41.3
Dropped 289 spots from last year
-16.9 below state avg
167 students
Diverse
Diverse Student Body
Grades PK-06
The Learning Project
1.1 mi
Grades K-06
F
Tobin K-8 School
1.1 mi
|
#344 of 352
|
Score: 24.6
Dropped 8 spots from last year
-33.6 below state avg
355 students
Diverse
Grades PK-08
Middle Schools
10 schools
F
Higginson/Lewis K-8 School
1.3 mi
|
#349 of 352
|
Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students
Diverse
Grades 03-08
Middle School Academy
1.4 mi
Nativity Prep School
1.7 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.8 mi
|
#4 of 16
|
Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students
Diverse
Rising School
College Ready Curriculum
Grades 05-08
Dearborn Middle School
2.1 mi
Mother Caroline Academy
2.1 mi
Grades 05-08
Epiphany School
3.1 mi
Grades 05-08
C
Ohrenberger School
6.4 mi
|
#266 of 352
|
Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students
Diverse
Diverse Student Body
Grades 03-08
Timilty Middle
0.9 mi
UP Academy
1.4 mi
High Schools
10 schools
Cathedral High School
0.5 mi
9 sports
• 430 athletes
Grades 07-12
B
Dearborn STEM Academy
0.8 mi
|
#13 of 25
|
Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students
Moderate
10 sports
• 242 athletes
Early College Program
Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
0.8 mi
|
#90 of 346
|
Score: 61.6
Improved 94 spots from last year
+3.4 above state avg
1,518 students
Very Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades 07-12
C
Quincy Upper School
1.0 mi
|
#279 of 346
|
Score: 44.4
Dropped 7 spots from last year
-13.8 below state avg
575 students
Very Diverse
12 sports
• 208 athletes
Diverse Student Body
Grades 06-12
Newman School
1.0 mi
Grades 07-12
A+
Boston Latin School
1.2 mi
|
#20 of 346
|
Score: 73.7
Improved 60 spots from last year
+15.5 above state avg
2,382 students
Very Diverse
18 sports
• 2,006 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
A+
Boston Latin Academy
1.5 mi
|
#2 of 25
|
Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students
Very Diverse
17 sports
• 1,298 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
Meridian Academy
2.2 mi
Grades 06-09
C
Ruth Batson Academy
2.2 mi
|
#20 of 25
|
Score: 29.1
Improved 345 spots from last year
-29.1 below state avg
584 students
Diverse
8 sports
• 128 athletes
Early College Program
Rising School
Grades 07-12
D
English High School
2.7 mi
|
#328 of 346
|
Score: 28.9
Improved 30 spots from last year
-29.3 below state avg
653 students
Diverse
8 sports
• 332 athletes
Rising School
Career Tech Programs
Grades 07-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,204
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
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Rate Impact
-0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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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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