BMN Boston

Get our mobile app!

Download on the App Store

151 L Street, Boston MA 02127

Boston, MA 02127 • South Boston
$2,250,000
Est. $12,956/month
8
Beds
3
Baths
2,908
Sq Ft
$774
Price/Sq Ft
0.03
Acres
1905
Year Built
20
Days on Market
Active Listed Jun 22, 2026 • MLS# 73539842 Copied! • Updated Jun 26, 2026

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.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

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

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
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%
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
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,542
Assessed Value $1,672,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Tax Amount Reflects A Residential Exemption Of $4, 353.74. Some Images Are Virtually Staged. 2 Of 3 Furnaces Are From 2009.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 4 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

Interest
Principal
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

Loading map...

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.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

151 L Street, Boston MA 02127 - Photo 1 151 L Street, Boston MA 02127 - Photo 2 151 L Street, Boston MA 02127 - Photo 3 151 L Street, Boston MA 02127 - Photo 4 151 L Street, Boston MA 02127 - Photo 5 151 L Street, Boston MA 02127 - Photo 6 151 L Street, Boston MA 02127 - Photo 7 151 L Street, Boston MA 02127 - Photo 8 151 L Street, Boston MA 02127 - Photo 9 151 L Street, Boston MA 02127 - Photo 10 151 L Street, Boston MA 02127 - Photo 11 151 L Street, Boston MA 02127 - Photo 12 151 L Street, Boston MA 02127 - Photo 13 151 L Street, Boston MA 02127 - Photo 14 151 L Street, Boston MA 02127 - Photo 15 151 L Street, Boston MA 02127 - Photo 16 151 L Street, Boston MA 02127 - Photo 17 151 L Street, Boston MA 02127 - Photo 18 151 L Street, Boston MA 02127 - Photo 19 151 L Street, Boston MA 02127 - Photo 20 151 L Street, Boston MA 02127 - Photo 21 151 L Street, Boston MA 02127 - Photo 22 151 L Street, Boston MA 02127 - Photo 23 151 L Street, Boston MA 02127 - Photo 24 151 L Street, Boston MA 02127 - Photo 25 151 L Street, Boston MA 02127 - Photo 26 151 L Street, Boston MA 02127 - Photo 27 151 L Street, Boston MA 02127 - Photo 28
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour