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    77 Bailey St Boston, MA 02124

    For Sale
    $1,600,000

    Triple-decker near Ashmont Station with approved condo development plans.

    Lot size:
    0.21 Acres

    Property Features for 77 Bailey St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1890

    Source: Keller Williams Realty Boston-Metro | Back Bay Agent Lindsey & Associates Realty Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dorchester Triplex with Development Potential

    Located in Dorchester, this fully occupied triple-decker offers immediate rental income and development potential. ZBA-approved plans are in place to construct 12 new condominium units. The property is near Ashmont Station, providing access to the Red Line, neighborhood restaurants and shops, and a commute to Downtown Boston and major highways. The property represents a value at $133K per approved unit.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.06527
    Latitude
    42.28469

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    FAQs

    What type of property is this?
    Triplex - Triple-decker near Ashmont Station with approved condo development plans.
    Where is this triplex located?
    The property is located at 77 Bailey St Boston, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - ZBA-approved plans for 12 new condominium units offer significant development potential.; - Immediate rental income from a fully occupied triple-decker.; - Prime location steps from Ashmont Station (Red Line).
    (617) 288-1042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77 Bailey St Boston, MA 02124
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