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.
| Units | 3 |
| Living area | 2,908 sqft |
| Lot size | 1,314 sqft |
| Year built | 1905 |
| Price / sqft | $774 |
| County | Suffolk |
| MLS # | 73539842 |
| Days on market | 4 days |
| Listed on | June 22, 2026 |
| Annual property tax | $16,542 |
| Tax year | 2026 |
| Assessed value | $1,672,900 |
| Zoning | Res |
| Gross income (actual) | $163,200/yr |
| Net operating income (actual) | $163,200/yr |
| Total actual rent | $13,600/mo |
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.03 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Concrete, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Heating | Forced Air, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Freezer, Washer, Dryer |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 2,908 sqft of living area, built in 1905.
151 L Street, Boston MA 02127 has been listed for 4 days (since June 22, 2026).
At a list price of $2,250,000 across 3 units, that works out to roughly $750,000 per unit.
Annual property taxes are $16,542 (2026), on an assessed value of $1,672,900.
At $2,250,000 for 2,908 sqft, that's about $774 per square foot.
151 L Street, Boston MA 02127 is in Boston, Suffolk County, MA 02127.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.