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Active

151 L Street, Boston MA 02127

$2,250,000

Estimated $5,027/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $750,000

Total Rent: 163200/year

Estimated CAP Rate:

8 Bedrooms

Baths

2908

Total Parking: 0

1,314 (0.03)

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 support strong income generation with $163,200 in projected annual gross rents. 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.

This home has been viewed 11 times

Last Checked: June 23rd, 2026 at 10:08am (Source: MLS PIN #73539842)

Gross Income: $163,200

Gross Expenses: $16,541

Net Income Calc: $146,659

Annual Expenses for 151 L Street, Boston MA 02127

Total Gross Expenses (Calculated)$16,541/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16541.7

Annual Income & Unit Breakdown for 151 L Street, Boston MA 02127

Total Gross Income (Calculated)$163,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 151 L Street, Boston MA 02127

Listing ID73539842

Property TypeMulti Family / 3 Family

Price2250000 ($773.73/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total2908

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRes

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 151 L Street, Boston MA 02127

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 151 L Street, Boston MA 02127

Real Estate Taxes16541.7

Tax Year2026

Assessed Value$1,672,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 151 L Street, Boston MA 02127

Neighborhood(s)

MLS AreaSouth Boston

Area Amenities

Contact Information for 151 L Street, Boston MA 02127

Agent

Name: Sophie Shea

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-242-0025

Team Members

Payment Calculator

, Interest

Property Taxes 1378.48

Principal & Interest 13863.78

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Sophie Shea

Agent Phone

Office Phone

(617) 242-0025

Text Agent Call Agent Call Office

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    [unparsed] => 151 L Street, Boston MA 02127
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EXIT

25 More Photos

Active

151 L Street, Boston MA 02127

$2,250,000

Annual Expenses for 151 L Street, Boston MA 02127

Annual Income & Unit Breakdown for 151 L Street, Boston MA 02127

General Information for 151 L Street, Boston MA 02127

Disclosures for 151 L Street, Boston MA 02127

Financial Information for 151 L Street, Boston MA 02127

Location Information for 151 L Street, Boston MA 02127

Contact Information for 151 L Street, Boston MA 02127

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Sophie Shea