$5,950,000

House for sale Boston
Property photo number 1 of 16 Photos for Property. File  105496580_29_36be8399c1064af3f19273f776ffb55a.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $5,950,000. This could be your next ideal home or a smart investment. More details await.
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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Details

  • Beds: 10
  • Baths: 10
  • Price: $5,950,000
  • Reference No.: 95878681
  • Area: 7,250 sqft

Location

Marketed by:

  • Chris Gonzales
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