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84 Bailey Street

Updated Dec 4, 2024

Ashmont Triple-Decker Multifamily In Boston Sells For $1.325M
SOLDMultiFamily

Ashmont Triple-Decker Multifamily In Boston Sells For $1.325M

84 Bailey Street

$1,325,000

$371/SF

Building Size

3,570 SF

Asset Type

MultiFamily

Closing

May 15, 2024

About this deal

AI

84 Bailey St in Boston, MA 02124, a multifamily property with a total square footage of 3,570, was recently sold for $1,325,000. This property, located in the desirable Ashmont area, offers a rare triple-decker opportunity and is conveniently situated across from the T Station.

Summary of transaction details:

The sale of 84 Bailey St was facilitated by Patty Hoang from PRIVI Realty representing the buyer and the Lindsey & Associates Realty Team from Keller Williams representing the seller. This transaction brought together a diverse group of individuals to successfully close the deal.

On the Map

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$1,325,000

$371/SF

MultiFamily

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Players

Patty Hoang

PRIVI Realty

Broker

$2.6M

vol

2 deals

Broker

Dorchester Center MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $371 per square foot on a published $1.3M for 3,570 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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