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

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
3 Family - 3 Units Up/Down
Type
24
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.

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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

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
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
⚠ School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
↓ 1.8% below state avg
E

Elementary Schools

10 schools
F
Tynan Elementary School
0.2 mi | #816 of 824 | Score: 24.8
Dropped 94 spots from last year
-33.5 below state avg
227 students Very Diverse
Diverse Student Body
Grades PK-06
St. Peter Academy School
0.8 mi
Grades PK-08
F
Condon K-8 School
0.9 mi | #345 of 352 | Score: 24.6
Improved 13 spots from last year
-33.6 below state avg
518 students Diverse
Diverse Student Body
Grades PK-08
D
Dever Elementary School
1.2 mi | #752 of 824 | Score: 32.4
Improved 56 spots from last year
-25.9 below state avg
445 students Diverse
Rising School
Grades K-06
F
Clap Elementary School
1.3 mi | #808 of 824 | Score: 26.3
Dropped 23 spots from last year
-31.9 below state avg
140 students Diverse
Diverse Student Body
Grades PK-06
Saint John Paul II Academy - Columbia
1.4 mi
Grades PK-08
B
Boston Collegiate Charter School
1.5 mi | #167 of 346 | Score: 53.7
Improved 31 spots from last year
-4.5 below state avg
708 students Diverse
Rising School College Ready Curriculum Diverse Student Body
Grades 05-12
B
Excel Academy Charter School
1.5 mi | #155 of 346 | Score: 54.9
Improved 160 spots from last year
-3.3 below state avg
1,379 students Moderate
High Graduation Rate Rising School
Grades 05-12
C-
Everett Elementary School
1.8 mi | #728 of 824 | Score: 33.7
Dropped 53 spots from last year
-24.5 below state avg
288 students Diverse
Diverse Student Body
Grades PK-06
F
Blackstone Elementary School
2.0 mi | #809 of 824 | Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students Moderate
Grades PK-06
M

Middle Schools

10 schools
Middle School Academy
0.8 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.4 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
2.8 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Dearborn Middle School
2.9 mi
Mother Caroline Academy
3.0 mi
Grades 05-08
Epiphany School
3.2 mi
Grades 05-08
Nativity Prep School
3.5 mi
Grades 05-08
C
Ohrenberger School
7.6 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
UP Academy
0.8 mi
McCormack Middle
1.1 mi
H

High Schools

10 schools
C
Ruth Batson Academy
1.1 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
C
Quincy Upper School
1.8 mi | #268 of 346 | Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students Very Diverse
12 sports • 208 athletes
High Graduation Rate Diverse Student Body
Grades 06-12
Cathedral High School
1.8 mi
9 sports • 430 athletes
Grades 07-12
B
Dearborn STEM Academy
2.4 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
Newman School
2.7 mi
Grades 07-12
A+
Boston Latin Academy
2.8 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
A-
O'Bryant School of Math & Science
2.8 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
C-
East Boston High School
3.4 mi | #305 of 346 | Score: 37.3
Improved 31 spots from last year
-20.9 below state avg
1,252 students Less Diverse
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
A+
Boston Latin School
3.4 mi | #19 of 346 | Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
D
Charlestown High School
3.5 mi | #322 of 346 | Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

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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.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
(617) 955-2224 mail@steve-novak.com
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BMN Boston Real Estate

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