84 Bailey St
$1,365,000
9
Beds
3
Baths
3,465
Sqft
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$1,365,000
9
Beds
3
Baths
3,465
Living Area
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Property Description
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.
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Highlights
- Area: Dorchester's Ashmont
- Heating: Oil
- Parking Spots: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1905
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Additional Details
- Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Unfinished
- Flooring: Wood
- Interior Features: Internet Available - Broadband, Living Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Highway Access
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,212,800
- Tax Year: 2025
- Total Rent: $9,572
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $14,044
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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 Coldwell Banker Realty - Canton.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.