Price Reduced 0.73%
84 Bailey St, Boston, (Dorchester's Ashmont), MA, 02124
15 rooms
9 beds
3 Full baths
1905
3,465 sqft
Open House Saturday May 2nd 1-2pm.Steps away from the Red Line train (Ashmont)! Exceptional investment opportunity in the heart of Dorchester, offering a rare combination of high income, transit-oriented location, and long-term upside potential. This well-maintained de-leaded income-producing property generates $114,864 in current annual rental income and delivers an approximate 7% cap rate, making it an attractive addition to any investor’s portfolio. Whether you are looking to expand your holdings, complete a 1031 exchange, or secure a stable asset in a high-demand rental market, this property checks all the boxes. Positioned in one of Dorchester’s most desirable and commuter-friendly neighborhoods, the property is located just moments from the Ashmont Red Line station, providing direct and convenient access to downtown Boston, Cambridge, and surrounding areas.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
3
Zoning:
R3
Heating:
Oil
Cooling:
Window Unit(s)
Basement:
Unfinished
Levels:
3
Parking:
3-car, Paved Drive, Off Street
Acreage:
0.09
Est. Taxes:
$14,044
Assessment
$1,212,800
Amenities:
Public Transportation, Highway Access
Appliances:
Range, Oven, Dishwasher, Disposal, Refrigerator
MLS #:
73492334
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Troy Johnson, Coldwell Banker Realty - Canton 781-821-2664