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99-101 W Springfield St, Boston, MA, 02118

10beds
10baths
7,250sqft
$6,500,000
$897price/sqft
$38,830/moest. monthly cost
$1,553,200/yrincome needed

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.

Getting Around

96
WalkingWalker's Paradise
91
TransitRider's Paradise
98
BikeBiker's Paradise

Schools

6/10
Hurley K-8 SchoolGrades PK-80.1 mi
--
Carter SchoolGrades 7-120.4 mi
3/10

Construction

Condition

  • Year built: 1899

Materials

  • Foundation: Stone,Brick/Mortar,Granite
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 10
  • Full bathrooms: 10

Features

  • Finished area below ground: 1,812
  • Finished area above ground: 5,438

Interior Area

  • Total structure area: 7,250
  • Total interior livable area: 7,250 sqft

Property

Details

  • Zoning: RES

Lot

  • Lot size: 1,926 sqft
  • Features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $32,867$394,404
Home Insurance *$797$9,564
Property Taxes $3,737$44,844
Electricity $1,429$17,155
Total$38,830$465,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,331,314/yr
40% on housing$1,164,900/yr
45% on housing$1,035,466/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$897This listing

vs Other Active Listings

Avg $/sqft

ZIP 02118$793
Suffolk County$574

vs Homes Sold Last Month

Median $/sqft

ZIP 02118$941
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-18Listed for sale$6,500,000
2026-03-12Listing removed$6,500,000
2025-09-11Listed for sale$6,500,000
2025-08-10Listing removed$6,500,000
2025-04-09Listed for sale$6,500,000

For Sale by Agent

AgentHanneman + Gonzales
BrokerageCompass

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