Sold!
$1,400,000
7
Beds
3
Baths
3,416
Living Area
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Property Description
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.
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Highlights
- Area: Dorchester's Ashmont
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 12
- Status: Closed
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1890
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Additional Details
- Basement: Full, Dirt Floor
- Foundation: Stone
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Pool, Park, Highway Access, T-Station
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $928,100
- Taxes: $10,747
- Tax Year: 2025
- Total Rent: $8,081
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Thread Real Estate, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
