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

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 Overview

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

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05/24/2023Temporarily Withdrawn$1,350,000$390MLSPIN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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View Breakdown

Map & Resources

Henderson K-12 Inclusion School Upper

Public Middle School, Grades: 2-12

0.33mi

Dr. William W. Henderson K-12 Inclusion School

Public School, Grades: 6-8

0.33mi

Lee Academy

Public Elementary School, Grades: PK-3

0.42mi

Emily A Fifield School

Public School, Grades: K-5

0.42mi

Boston Latin Academy

School

0.46mi

Codman Academy Charter School

Charter School

0.46mi

Flat Black

Coffee Shop

0.03mi

Dunkin'

Donut & Coffee Shop

0.02mi

Tavolo

Italian Restaurant

0.06mi

Ashmont Grill

American Restaurant

0.1mi

Boston Fire Department Engine 18, Ladder 6

Fire Station

0.13mi

Carney Hospital

Hospital

0.43mi

Dorchester YMCA

Sports Centre

0.31mi

Peter Greene Field

Sports Centre. Sports: Baseball

0.44mi

Peabody Square

Park

0.09mi

Dr. Loesch Family Park

Municipal Park

0.38mi

Dorchester Park

Municipal Park

0.4mi

Codman Square Branch Library

Library

0.36mi

Tedeschi Food Shops

Convenience

0.12mi

Ashmont

15
18
21
215
217
22
23
24
240
26
45
M
Red

0.07mi

Talbot Ave @ Dorchester Ave

22
23
26
45

0.13mi

Talbot Ave @ Dorchester Ave

22
23
26

0.14mi

Dorchester Ave @ Talbot Ave

15
18
215

0.17mi

Dorchester Ave @ Dracut St

15
18
215

0.17mi

Dorchester Ave @ Hurlcroft Ave

15
21
215
217
24
240

0.18mi

Dorchester Ave @ Van Winkle St

15
21
215
217
24
240

0.19mi

Dorchester Ave @ Msgr Lydon Way

15
18
215

0.24mi

Seller's Representative: Dat Nguyen, Capital Residential Group, LLC
MLS ID#: 73453393

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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