$1,375,000

84 Bailey St, Boston, MA 02124

9 beds |
3 baths |
3,465 sqft

Multi-Family Home
Built in 1905
3,920sqft lot
—— car garage
$397/sqft
Listed 9 days ago

Property Description

Open House Sunday 1 pm-2 pm 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.

Listing Status:: Active
Date Added:: March 26, 2026
Data Last Updated:: April 4, 2026 at 7:06AM
Listing Office:: Coldwell Banker Realty - Canton : 781-821-2664
Listing Agent:: Troy Johnson : 617-935-4829
MLS ID:: 73492334

General: Internet Available - BroadbandLiving Room
Appliances: RangeOvenDishwasherDisposalRefrigerator
Basement: Unfinished
Flooring: Wood
A/C: Window Unit(s)
Heating: Oil
Fireplace: Fireplaces: 0

General: Balcony/Deck
Parking: Paved DriveOff StreetParking spaces: 3

General: 3Concrete Perimeter

Road/Access: Public
Originating MLS: MLS Property Information Network
County: Suffolk

Zoning: R3W:17 P:04603 S:0001312861

Water: Public
Sewer: Public Sewer

Source: MLS Property Information Network

This listing courtesy of Troy Johnson , Coldwell Banker Realty - Canton

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.34 miles away

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.34 miles away

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.