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151 L St, South Boston, MA, 02127

8beds
3baths
2,908sqft
$2,250,000
$774price/sqft
$14,686/moest. monthly cost
$587,440/yrincome needed

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.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

3/10
James F. Condon SchoolGrades PK-81.0 mi
2/10
Excel High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1905

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator,Freezer,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Living Room,Kitchen
  • Finished area above ground: 2,908

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,908
  • Total interior livable area: 2,908 sqft

Property

Details

  • Parcel number: 1409566
  • Zoning: Res

Features

  • Waterfront features: 1/10 to 3/10 To Beach

Lot

  • Lot size: 1,314 sqft
  • Features: Other

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$559$6,708
Property Taxes $2,177$26,124
Electricity $573$6,881
Total$14,686$176,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$503,520/yr
40% on housing$440,580/yr
45% on housing$391,626/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$774This listing

vs Other Active Listings

Avg $/sqft

ZIP 02127$594
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02127$747
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-22Listed for sale$2,250,000
2026-03-09Sold$1,600,000
2025-11-04Listed for sale$1,700,000
1997-10-31Sold$215,000

For Sale by Agent

AgentSophie Shea
BrokerageColdwell Banker Realty - Boston

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