Steps away from the Red Line train (Ashmont)! Exceptional investment opportunity in the heart of Dorchester, offering a rare combination of high income, transit-oriented location, and long-term upside potential. This well-maintained de-leaded 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 investors 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 Dorchesters 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.
Listed By
Agency Name: Coldwell Banker Realty - Canton
Agent Name: Troy Johnson
Agency Phone: 781-821-2664
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,606.36 per month $3,037.90 Principal & Interest $1,170.33 Property Tax $398.13 Homeowner's Insurance
84 Bailey St | MLS# 73492334
This multi-family property located at 84 Bailey St, Boston, MA 02124 is currently listed for sale with an asking price of $1,365,000. Search Boston real estate on www.masiellogrouprealestate.com today.