77 Bailey St - Apartments FOR SALE


Boston, MA 02124- Ashmont
$1,600,000 USD
617-501-1394
77 Bailey St, Boston, MA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

77 Bailey St
Boston, MA 02124
Ashmont


OVERVIEW

***OPEN HOUSE THURSDAY SEPTEMBER 11TH 12:00PM -1:00M*** 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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

77 Bailey Street Boston MA 02124

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R3

APN/PARCEL ID

DORC-000000-000017-004525

ASK ABOUT THIS PROPERTY

Eric LindseyKeller Williams Boston-MetroMore Info
617-501-1394

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Eric LindseyKeller Williams Boston-MetroMore Info
617-501-1394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.