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
Price cut: $101K (11/28)
$1,499,000
77 Bailey St, Dorchester, MA 02124
7beds
3,416sqft
Est.:
3 Family
Built in 1890
-- sqft lot
$1,459,600 Zestimate®
$439/sqft
$-- HOA
What's special
- 114 days |
- 364 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 12:06am
Listed by:
Lindsey & Associates Realty Team 617-288-1042,
Keller Williams Realty Boston-Metro | Back Bay 617-542-0012
Source: MLS PIN,MLS#: 73419083
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full,Dirt Floor
- Has fireplace: No
Interior area
- Total structure area: 3,416
- Total interior livable area: 3,416 sqft
- Finished area above ground: 3,416
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive
- Uncovered spaces: 3
Lot
- Size: 9,225 Square Feet
Details
- Parcel number: W:17 P:04525 S:000,1312787
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Pool, Park, Highway Access, T-Station
Location
- Region: Dorchester
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $928,100
- Annual tax amount: $10,747
- Date on market: 8/18/2025
- Total actual rent: 8081
Estimated market value
$1,459,600
$1.39M - $1.53M
$4,023/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/28/2025 | Price change | $1,499,000-6.3%$439/sqft |
Source: MLS PIN #73419083 Report a problem | ||
| 8/18/2025 | Listed for sale | $1,600,000+23.2%$468/sqft |
Source: MLS PIN #73419083 Report a problem | ||
| 2/19/2024 | Listing removed | $1,299,000$380/sqft |
Source: MLS PIN #73179194 Report a problem | ||
| 11/9/2023 | Listed for sale | $1,299,000+13%$380/sqft |
Source: MLS PIN #73179194 Report a problem | ||
| 5/24/2023 | Listing removed | $1,150,000$337/sqft |
Source: MLS PIN #73031589 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,747 +11.1% | $928,100 +4.6% |
| 2024 | $9,669 +7.6% | $887,100 +6% |
| 2023 | $8,986 +3.6% | $836,700 +5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,175/mo
Principal & interest
$5813
Property taxes
$837
Home insurance
$525
Climate risks
Neighborhood: South Dorchester
Nearby schools
GreatSchools rating
- 3/10Henderson K-12 Inclusion School UpperGrades: 2-12Distance: 0.3 mi
- 2/10Lee AcademyGrades: PK-3Distance: 0.4 mi
- 2/10Techboston AcademyGrades: 6-12Distance: 0.5 mi
- Loading
- Loading
