Exceptional investment opportunity in the heart of Dorchester, offering a rare combination of strong in-place income, transit-oriented location, and long-term upside potential. This well-maintained 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.
- Heating System:
- Oil
- Cooling System:
- Window Unit(s)
- Basement:
- Unfinished
- Parking:
- Off Street, Paved Drive
- Appliances:
- Disposal, Range, Dishwasher, Refrigerator, Oven
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- lawnmower.
- Garage Parking
- Interior Features:
- Internet Available - Broadband, Living Room
- Lead Paint:
- Certified Treated
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Area:
- Dorchester's Ashmont
- Market Time:
- 4
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $397
- Zoning:
- R3
- No Units:
- 3
- Orig Price:
- $1,375,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02124
- Longitude:
- W72° 56' 5.2''
- Latitude:
- N42° 17' 6.1''
Residential Income
84 Bailey St, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,375,000
- Bedrooms :
- 9
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,465 Sqft
- Year Built :
- 1905
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73492334
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
