Seller's Agent in 2025
John Federico, Jr.
Grove Property Group
(617) 523-2505
13 in this area
22 Total Sales
178 L St Boston, MA 02127
South Boston Neighborhood
13
Beds
6
Baths
3,841
Sq Ft
3,244
Sq Ft Lot
About This Home
As of July 2025Price Adjustment & Increased Rent roll for September 1st 2025. This turnkey 3 family asset is perfect for a 1031 exchange buyer or savvy investor looking for a high grossing income with low maintenance costs. This asset has 13 Bedrooms and 6 bathrooms in total. Located on the East side of South Boston just steps away from restaurants, shops, public transportation and the beach. Renovations units include stainless steel appliances in modern kitchens, brand new bathrooms , hardwood floors throughout, Central AC & Heat, rubber roof. Outdoor space including a deck and large yard. This property will be a great investment for any owner looking to enter into the South Boston market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,801
Year Built
- Built in 1905
Lot Details
- 3,244 Sq Ft Lot
- Fenced
Interior Spaces
- 3,841 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
Bedrooms and Bathrooms
- 13 Bedrooms
- 6 Full Bathrooms
Community Details
- 3 Units
- Net Operating Income $219,000
Listing and Financial Details
- Total Actual Rent $18,250
- Assessor Parcel Number 1411440
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Jul 1, 2025
Sold by
St Ventures Llc
Bought by
178 L St Llc
Seller's Agent
John Federico, Jr.
Grove Property Group
Buyer's Agent
John Federico, Jr.
Grove Property Group
List Price
$2,795,000
Sold Price
$2,550,000
Premium/Discount to List
-$245,000
-8.77%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,399
Avg. Annual Appreciation
-6.94%
Purchase Details
Closed on
Sep 22, 2023
Sold by
Nancy D Troy Irt and Cherry
Bought by
L Street Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
6.96%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,550,000 | -- | |
| Quit Claim Deed | $2,550,000 | -- | |
| Quit Claim Deed | $1,800,000 | None Available | |
| Quit Claim Deed | $1,800,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,730,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $2,550,000 | -8.6% | $664 / Sq Ft |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | Price Changed | $2,790,000 | -0.2% | $726 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $2,795,000 | 0.0% | $728 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $2,795,000 | +9.6% | $728 / Sq Ft |
| 11/15/2024 11/15/24 | Off Market | $2,550,000 | -- | -- |
| 11/04/2024 11/04/24 | For Sale | $2,825,000 | +10.8% | $735 / Sq Ft |
| 11/01/2024 11/01/24 | Off Market | $2,550,000 | -- | -- |
| 09/04/2024 09/04/24 | Price Changed | $2,825,000 | -1.7% | $735 / Sq Ft |
| 08/07/2024 08/07/24 | Price Changed | $2,875,000 | -0.9% | $749 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $2,900,000 | -- | $755 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,683 | $1,699,700 | $404,100 | $1,295,600 |
| 2024 | $16,801 | $1,541,400 | $342,700 | $1,198,700 |
| 2023 | $15,617 | $1,454,100 | $323,300 | $1,130,800 |
| 2022 | $14,382 | $1,321,900 | $293,900 | $1,028,000 |
| 2021 | $14,105 | $1,321,900 | $293,900 | $1,028,000 |
| 2020 | $13,706 | $1,297,900 | $279,100 | $1,018,800 |
| 2019 | $13,033 | $1,236,500 | $212,600 | $1,023,900 |
| 2018 | $12,345 | $1,178,000 | $212,600 | $965,400 |
| 2017 | $11,877 | $1,121,500 | $212,600 | $908,900 |
| 2016 | $10,727 | $975,200 | $212,600 | $762,600 |
| 2015 | $10,706 | $884,100 | $219,400 | $664,700 |
| 2014 | $9,459 | $751,900 | $219,400 | $532,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Federico, Jr.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73261390
APN: SBOS-000000-000007-002581
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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