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.
Shawmut, located between Downtown Crossing and Chinatown, is a historic and commercial Boston neighborhood with a dense street grid and a theater-district pulse. The neighborhood’s character concentrates around Washington Street at Kneeland Street, where marquees, late-night eateries, and small storefronts keep the sidewalks in motion. Brick mid-rises and early high-rises frame narrow blocks that shift from office lobbies to stage doors within a few steps. The Wang Theatre and Emerson Colonial Theatre set the cultural tempo, while Shojo anchors the dining scene with a local following. Leather District loft buildings add a warehouse-era texture near South Station. Pocket plazas and transit entrances stitch the area into the larger downtown walk network.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 28 rooms
Two leased units (Unit 1 and Unit 2)
Bathrooms
10 full bathrooms
Exterior features
Small parcel of approximately 0.04 acres
Home design
5-story building
5–9 family multiunit property
Total building area about 7,250 square feet
Above-grade finished area approximately 5,438
Below-grade finished area approximately 1,812
Levels: 5
Parking
No open parking spaces reported
Construction
Brick construction
Foundation includes stone, brick/mortar and granite
Year built reported from public records (approximate)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 99 + 101 W Springfield St
Sale History
Tax History
Date
Event
Price
MLS PIN #73576603
Sep 14, 2026
Listed
$5,950,000
$821/sq ft
Public Records
Jun 26, 2007
Sold
$1,978,000
$273/sq ft
Public Records
Jan 2, 1987
Sold
$550,000
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$12,528 (+5.6%)
$283,800 + $882,700
$1,166,500
2022
$11,868 (+0.6%)
$283,800 + $807,000
$1,090,800
2021
$11,801 (+5.0%)
$253,100 + $852,900
$1,106,000
2020
$11,244 (+1.6%)
$253,100 + $811,700
$1,064,800
2019
$11,067 (+5.6%)
$253,100 + $796,900
$1,050,000
2018
$10,480 (+3.5%)
$241,000 + $759,000
$1,000,000
2017
$10,129 (+4.9%)
$228,800 + $727,700
$956,500
2016
$9,653 (+4.1%)
$211,300 + $666,200
$877,500
2015
$9,270 (−1.3%)
$188,500 + $577,000
$765,500
2014
$9,391 (+1.1%)
$168,300 + $578,200
$746,500
2013
$9,290 (+5.2%)
$168,300 + $538,700
$707,000
2012
$8,828 (+4.3%)
$168,300 + $508,700
$677,000
2009
$8,467 (+11.1%)
$168,300 + $493,700
$662,000
2006
$7,622
$195,200 + $521,800
$717,000
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
4
Lot width
—
Lot depth
—
Lot size
871 Sq. Ft.
Year renovated
1980
Finished Sq. Ft.
2,900
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,900
Year built
1899
Style
Multi-Family (5+ Unit)
County
Suffolk County
APN
3395034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 25, 2025.
SOUTH END NEIGHBORHOOD-MFR
RESTRICTED ROOF STRUCTURE DISTRICT
GCOD
RESTRICTED PARKING DISTRICT
South End Neighborhood-Multifamily Residential Subdistrict
The Multifamily Residential (MFR) Subdistricts are established to encourage medium-density multifamily areas with a variety of allowed housing types, including one-, two- and three-family dwellings, row houses, and apartments.
Zone overlays
Restricted Roof Structure Overlay District In the East Boston Neighborhood District
Groundwater Conservation Overlay District
Restricted Parking Districts
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Multiple units
Housing-Senior
Bed & breakfast
Park & open space
Jan 10, 2016 • Final
Plumbing
Work on plumbing.
Kitchen
Plumbing
Feb 4, 2015 • Final
Electrical
Perform a service change on the electrical system.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boston, MA • 02118
Average low and high temperatures (°F)
34
23
36
24
50
35
58
43
68
54
79
65
83
69
78
64
73
61
63
51
53
41
40
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
56/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.5 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 99 + 101 W Springfield St
There isn’t enough information to generate an accurate estimate at this time. Learn More