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77 Bailey Street Boston MA 02124 77 Bailey St 3 Unit Apartment Building $1,500,000 ($500,000/Unit) Boston, MA 02124
Executive Summary
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.
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $500,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Sale Condition | Redevelopment Project | Building Size | 3,416 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | ||
| Zoning | R3 - This fully occupied triple-decker with ZBA-approved plans to construct 12 condo units | ||
| Price | $1,500,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,416 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Zoning | R3 - This fully occupied triple-decker with ZBA-approved plans to construct 12 condo units |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (82)
Property Taxes
| Parcel Number | DORC-000000-000017-004525 | Improvements Assessment | $572,500 |
| Land Assessment | $355,600 | Total Assessment | $928,100 |
Property Taxes
Parcel Number
DORC-000000-000017-004525
Land Assessment
$355,600
Improvements Assessment
$572,500
Total Assessment
$928,100
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77 Bailey Street Boston MA 02124 | 77 Bailey St
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