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Active Under Contract

15 Bailey Street, Boston MA 02124

$1,199,000

Estimated $2,318/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $399,666.67

Total Rent: 37200/year

Estimated CAP Rate:

6 Bedrooms

Baths

3801

Total Parking: 3

6,300 (0.14)

Fantastic opportunity for owner occupier or savvy investor. Meticulously maintained classic three decker in one of Dorchester’s hottest neighborhoods. Each unit features 2 bedrooms, living room, dining room, full kitchen and bath. Rear decks overlook a massive, landscaped yard. Total area of 6300 square feet. Considering a condo conversion? Off street parking adds value immediately. Want to live in one unit and rent the others? Unit 3 awaits with newer kitchen and bath. Positioned for growth with releasing at current market rents. Current long term tenants are open to staying with new leases. There have been multiple upgrades for all units and building. Conveniently located within a short distance to the T, shopping, YMCA, local parks & restaurants. Don't miss this chance to add to your portfolio!

This home has been viewed 10 times

Last Checked: July 22nd, 2026 at 7:43am (Source: MLS PIN #73550409)

Gross Income: $37,200

Gross Expenses: $4,485

Net Income Calc: $32,715

Annual Expenses for 15 Bailey Street, Boston MA 02124

Total Gross Expenses (Calculated)$4,485/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4485.48

Annual Income & Unit Breakdown for 15 Bailey Street, Boston MA 02124

Total Gross Income (Calculated)$37,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 15 Bailey Street, Boston MA 02124

Listing ID73550409

Property TypeMulti Family / 3 Family

Price1199000 ($315.44/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaDorchester's Ashmont

Neighborhood(s)

Approximate Living Area Total3801

Approximate Lot Size (Acres)0.14

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 15 Bailey Street, Boston MA 02124

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 15 Bailey Street, Boston MA 02124

Real Estate Taxes4485.48

Tax Year2027

Assessed Value$1,068,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 15 Bailey Street, Boston MA 02124

Neighborhood(s)

MLS AreaDorchester's Ashmont

Area AmenitiesWalk/jog Trails

Contact Information for 15 Bailey Street, Boston MA 02124

Agent

Name: Tara O Riordan

Office

Name: Coldwell Banker Realty - Dorchester

Phone: 617-696-4430

Payment Calculator

, Interest

Property Taxes 373.79

Principal & Interest 7387.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Dorchester

Tara O Riordan

Agent Phone

Office Phone

(617) 696-4430

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Active Under Contract

15 Bailey Street, Boston MA 02124

$1,199,000

Annual Expenses for 15 Bailey Street, Boston MA 02124

Annual Income & Unit Breakdown for 15 Bailey Street, Boston MA 02124

General Information for 15 Bailey Street, Boston MA 02124

Disclosures for 15 Bailey Street, Boston MA 02124

Financial Information for 15 Bailey Street, Boston MA 02124

Location Information for 15 Bailey Street, Boston MA 02124

Contact Information for 15 Bailey Street, Boston MA 02124

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Dorchester

Tara O Riordan