Price Reduced 6.31%

$1,499,000 ($438.82 per sqft)

Est. Mortgage $7,190/mo *

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77 Bailey St, Boston, (Dorchester's Ashmont), MA, 02124

77 Bailey St, Boston, (Dorchester's Ashmont), MA, 02124
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12 rooms

7 beds

3 Full baths

1890

3,416 sqft

Rare opportunity in Dorchester just steps from Ashmont Station! This fully occupied triple-decker offers immediate rental income while providing tremendous development upside with ZBA-approved plans to construct 12 new condominium units. Investors and developers alike will appreciate acquiring a property with approvals already in place, saving valuable time and resources. The location is ideal, with easy access to the Red Line, neighborhood restaurants and shops, and a short commute to Downtown Boston and major highways. Whether you hold as a stable income-producing asset or move forward with the redevelopment, 77 Bailey Street represents one of the best values in today’s market at just $133K per approved unit.

Status:

Active

Town:

Boston

Type:

Multi-family

Units:

3

Zoning:

R3

Basement:

Full, Dirt Floor

Levels:

2

Parking:

3-car, Paved Drive

Acreage:

0.21

Est. Taxes:

$10,747

Assessment

$928,100

Construction

Frame

Amenities:

Public Transportation, Pool, Park, Highway Access, T-Station

MLS #:

73419083

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lindsey & Associates Realty Team, Keller Williams Realty Boston-Metro | Back Bay 617-542-0012