2,908 Sq. Ft.
$774 / Sq. Ft.
2,908
Sq. Ft.
$774
per Sq. Ft.

Description

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...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.
  1. Listed by Sophie Shea • Coldwell Banker Realty - Boston
  2. Listed by Joseph Reale • Coldwell Banker Realty - Boston

Property Details for 151 L Street

Town
Boston
MLS Area
South Boston
Area
MA-Boston-South Boston, MA-Boston
Garage Spaces
0
Open Parking Spaces
.00
Parking Spaces Total
0

Open Houses

Sunday, Jun 28th2:00 PM - 3:00 PM
LISTING UPDATED: 06/26/2026 03:09 AM

Property Details for 151 L Street

StatusActive
MLS #73539842
Days on Market5
Taxes$16,542 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1905
CountySuffolk County

Location

Listing Courtesy of Coldwell Banker Realty - Boston, Sophie Shea; Coldwell Banker Realty - Boston, Joseph Reale
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Building Information for 151 L Street

Stories3Residences3Year Built1905Building Size-Lot Size0.03 AC / 1,314 SF

Payment Calculator

$12,591 per month

30 year fixed, 6.36% Interest

Principal and Interest

$11,212

Property Taxes

$1,379

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 151 L Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2908.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Lot Description: Other
  • Roof Material: Rubber
  • Waterfront Features: 1/10 to 3/10 To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Tax amount reflects a residential exemption of $4,353.74. Some images are virtually staged. 2 of 3 furnaces are from 2009.
Tax Information
  • Tax ID: 1409566
  • Assessments: $1,672,900
  • Book: 0
  • Tax Year: 2026
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Levels: 3
Income / Expenses
  • GOI: $163,200.00
  • NOI: $163,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $13,600.00

Property History for 151 L Street

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Listed (Active)

MLS PIN #73539842

$2,250,000—
Mar 9, 2026

Sold

MLS PIN #73451060

$1,600,000—
Nov 23, 2025

Under Agreement

MLS PIN #73451060

—
DateEvent & SourcePrice
06/22/2026

Listed (Active)

MLS PIN #73539842

$2,250,000
03/09/2026

Sold

MLS PIN #73451060

$1,600,000
11/23/2025

Under Agreement

MLS PIN #73451060

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 151 L Street

Taxable ValueLand$547,000Additions$1,016,500Total$1,563,500
Tax Record2025$18,105 ($1,509 / month)
Home Facts
Baths3Total Finished SqFt2,908 SqFtAbove Grade Finished SqFt2,908 SqFtStories3Lot Size1,314 SqFtStyleTriplexYear Built1905ZoningR3CountySUFFOLKAPNSBOS W:07 P:02267 S:000

Schools near 151 L Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Joseph P. Tynan Elementary School
PublicPK to 6

James F. Condon School
PublicPK to 8

Excel High School
Public9 to 12

Perry Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

South Boston
South Boston
A traditional city neighborhood with an extended waterfront playground. A traditional city neighborhood featuring an expansive waterfront playground. The community is quickly growing: new restaurants and homes are rapidly rising along the industrial corridor where South Boston meets the Seaport.

Similar Homes

151 L Street is a multi-family home for sale in Boston, MA 02127. This property was listed for sale on June 22, 2026 by Coldwell Banker Realty - Boston, it's currently listed at $2,250,000. It has been on the market for a total of 5 days and was last sold on March 9, 2026. This listing's school district is Boston Public Schools. Nearby schools include Joseph P. Tynan Elementary School, James F. Condon School and Excel High School. 151 L Street is a 8-bed, 3-bath, 2,908 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Boston, Sophie Shea; Coldwell Banker Realty - Boston, Joseph Reale

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.