151 L Street, Boston MA 02127
Boston, MA 02127 • South Boston
$2,250,000
Est. $12,956/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
Extensively renovated and thoughtfully improved 3-unit building in a prime East Side South Boston location. This turnkey, free-standing property offers two 3-bedroom units and one 2-bedroom unit, each featuring updated flooring, renovated baths, modern lighting, refreshed kitchens, in-unit laundry, and spacious layouts designed to maximize tenant appeal. Significant capital improvements have transformed the property and in place rents are producing $163,200 in annual gross income. Unit 3 is currently occupied but can be delivered vacant, offering flexibility for an owner-occupant or investor. Separate utilities, gas forced hot air heating, vinyl siding, vinyl windows, and a flat rubber roof contribute to low-maintenance ownership. An interior staircase leads to the roof headhouse, presenting potential for a future roof deck. Ideally located near South Boston's restaurants, beaches, Seaport, Downtown Boston, and more.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 22, 2026
$2,250,000
Original listing
Agent: Sophie Shea
Office: Coldwell Banker Realty - Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/22/2026 | 🏠 Listed for Sale | $2,250,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $16,542 | $1,672,900 |
Financial Details
Annual Property Tax
$16,542
Tax Year 2026
Assessed Value
$1,672,900
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1905
Living Area
2,908 sq ft
Lot Size
0.03 acres
Stories
3
Bedrooms
8
Full Baths
3
Total Rooms
17
Investment Metrics
Units
3
Unit 1 Rent
$3,900/mo · Y
Unit 2 Rent
$4,800/mo · Y
Unit 3 Rent
$4,900/mo
Total Monthly Rent
$13,600/mo
Gross Income
$163,200
Net Operating Income
$163,200
Cap Rate
7.25%
Interior
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Fireplace
None
Basement
Concrete, Unfinished
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$16,542
Assessed Value
$1,672,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Tax Amount Reflects A Residential Exemption Of $4, 353.74. Some Images Are Virtually Staged. 2 Of 3 Furnaces Are From 2009.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
73 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1905
Bedrooms
8
Full Bathrooms
3
Living Area
2,908 sq ft
Total Rooms
17
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,908 sq ft above 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:
Range, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1905
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas, Tank
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:
On Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,378
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
South Boston
151 L Street, Boston MA 02127
Boston, MA 02127
Listing Information
Listing Agent
Sophie Shea
Listing Office
Coldwell Banker Realty - Boston
Office Phone
617-242-0025
Agent MLS ID
CN241945
Office MLS ID
AN6194
Listing Data Updated
Jun 26, 2026 3:05 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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