77 Bailey St, Boston, MA 02124

$1,400,000
7
BD
3
BA
3,416
SqFt

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Sold Price
$1,400,000
List Price
$1,499,000
Status
SOLD
MLS#
73419083
Bedrooms
7
Bathrooms
3
Full Baths
3
Living Area
3,416
Lot Size (Acres)
0.21
Year Built
1890

Property Description

Rare opportunity in Dorchester just steps from Ashmont Station! This fully occupied triple-decker offers immediate rental income while providing tremendous development upside with ZBA-approved plans to construct 12 new condominium units. Investors and developers alike will appreciate acquiring a property with approvals already in place, saving valuable time and resources. The location is ideal, with easy access to the Red Line, neighborhood restaurants and shops, and a short commute to Downtown Boston and major highways. Whether you hold as a stable income-producing asset or move forward with the redevelopment, 77 Bailey Street represents one of the best values in today’s market at just $133K per approved unit.

Additional Information

Area
Dorchester's Ashmont
Taxes
$10,747
Parking Description
Paved Drive
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lindsey & Associates Realty Team from Listing Office: Keller Williams Realty Boston-Metro | Back Bay.

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