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.
— MLSPIN #: 73419083Map of 77 Bailey St, Boston, MA 02124
List Price: | $1,600,000 |
---|---|
Status: | New |
MLS ID: | 73419083 |
Town: | Boston |
Neighborhood: | Dorchester's Ashmont |
County: | Suffolk |
Zip: | 02124 |
Property Type: | Residential Income |
Property Sub Type: | 3 Family |
Bedrooms: | 7 |
Full Baths: | 3 |
Living Area: | 3,416 sqft |
Acres: | 0.21 |
Taxes: | 10,747 |
Parking Features: | Paved Drive |
Status: | Active |
Water Source: | Public |
Year Built: | 1890 |
Directions: | Washington Street > 77 Bailey Street |
Foundation Details: | Stone |
Postal Code Plus4: | 3724 |
Construction Materials: | Frame |
Listing Contract Date: | 2025-08-18 |
Lot Size Area: | 0.21 |
Lot Size Square Feet: | 9,225 |
Rooms Total: | 12 |
Bathrooms Total Integer: | 3 |
Basement: | true |
Basement: | Full, Dirt Floor |
Building Area Source: | Public Records |
Building Area Total: | 3,416 |
Community Features: | Public Transportation, Pool, Park, Highway Access, T-Station |
Levels: | 2 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 3 |
Open Parking?: | Yes |
Parcel Number: | W:17 P:04525 S:000, 1312787 |
Sewer: | Public Sewer |
Zoning: | R3 |
Stories Total: | 2 |
Year Built Source: | Public Records |
Farm Land Area Units: | Square Feet |
Gross Income: | $96,972 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Certificate Number: | 00000070333 |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Flrs 3: | 2 |
Lead Paint: | Unknown |
Lease 1: | No |
Lease 2: | No |
Lease 3: | No |
Levels 2: | 1 |
Levels 3: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $468.38 |
Page: | 241 |
Price Per Sqft: | $468.38 |
Square Feet Incl Base: | No |
Net Operating Income: | $96,972 |
Original List Price: | $1,600,000 |
Parking Total: | 3 |
Tax Assessed Value: | $928,100 |
Tax Year: | 2025 |
Total Actual Rent: | $8,081 |
Year Built Details: | Actual |
Waterview Flag: | No |
Bedrms 1: | 3 |
Bedrms 2: | 2 |
Bedrms 3: | 1 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
Rent1: | 3,000 |
Rent2: | 2,831 |
Rent3: | 2,250 |
Disclaimer:
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, landlords 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, leasing or renting 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, leasing or renting. 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.
MLS Property Information Network, Inc. data last updated on August 18, 2025 02:50 PM
Property Last Updated: August 18, 2025 09:39 AM
Listing Courtesy of: Keller Williams Realty Boston-Metro | Back Bay
Listing Agent: Lindsey & Associates Realty Team
617-288-1042