99-101 West Springfield St, South End $6,500,000

Sale Type: For Sale Ft2: 7,250 Lot Size: 1,926 Ref #: 73488245

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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.

Details

Ft2
7,250
Lot Size
1,926
Tax
$26,447
Listing provided courtesy of Hanneman + Gonzales, Compass