151 L Street, Boston, MA 02127
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$2,250,000
3 Unit
8 Beds
3 Baths
2908 SQFT
0.03 Acre

Property 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 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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Concrete Floor, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Gross Operating Income: 163200
  • Net Operating Income: 163200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73539842
  • Last Updated: 06/22/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/22/2026New$2,250,000$774MLSPIN
03/10/2026Sold$1,600,000$550MLSPIN
11/24/2025Under Agreement$1,700,000$585MLSPIN
11/08/2025Active$1,700,000$585MLSPIN
11/04/2025New$1,700,000$585MLSPIN

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Seller's Representative: Sophie Shea, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-06-22 19:28:00

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