84 Bailey St, Boston, MA 02124
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$1,375,000
3 Unit
9 Beds
3 Baths
3465 SQFT
0.09 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Public Transportation
  • Basement Features: Unfinished Basement
  • Common Rooms: Living Room
  • Common Interior Features: Internet Available - Broadband
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator, Wall Oven
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 114864
  • Net Operating Income: 114864

Utilities

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

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73492334
  • Last Updated: 03/27/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/26/2026New$1,375,000$397MLSPIN
02/11/2026Expired$1,425,000$411MLSPIN
01/09/2026Temporarily Withdrawn$1,425,000$411MLSPIN
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: Troy Johnson, Coldwell Banker Realty - Canton
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 2026-03-27 03:30:00