84 Bailey St, Boston, MA 02124
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$1,425,000
3 Unit
9 Beds
3 Baths
3465 SQFT
0.09 Acre

Property Description

7% CAP RATE – Exceptional Triple Decker in Dorchester’s Coveted Ashmont Neighborhood!Just steps from the Ashmont T Station, this rare three-family combines strong income, prime location, and turnkey stability. Ideal for investors or owner-occupants seeking reliable cash flow with room to grow. Each spacious unit offers modern finishes, front/rear decks, and separate heating systems.?? Rent Roll: Unit 1 – $3,300 | Unit 2 – $3,200 | Unit 3 – $3,072 (increase to $3,400 pending BHA)Projected income: ˜ $118K/year | Cap Rate: ˜ 7%Features include 3-car tandem driveway, paved yard, and easy access to shops, highways, and transit. A high-yield, low-maintenance asset in one of Boston’s most desirable submarkets—84 Bailey Street won’t last long!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 114864
  • Net Operating Income: 114864

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Foundation Info: Fieldstone, Irregular
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73453393
  • Last Updated: 11/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/14/2025Active$1,425,000$411MLSPIN
11/10/2025New$1,425,000$411MLSPIN
05/15/2024Sold$1,325,000$371MLSPIN
04/28/2024Under Agreement$1,299,000$364MLSPIN
04/14/2024Contingent$1,299,000$364MLSPIN
04/13/2024Active$1,299,000$364MLSPIN
04/09/2024New$1,299,000$364MLSPIN
07/27/2023Expired$1,350,000$390MLSPIN
05/24/2023Temporarily Withdrawn$1,350,000$390MLSPIN
05/21/2023Active$1,350,000$390MLSPIN
05/17/2023New$1,350,000$390MLSPIN

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Seller's Representative: Dat Nguyen, Capital Residential Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-14 03:05:00