Under Agreement
7-11 Abbot St, Boston, MA
Boston · MA 02124
- $8,400,000
- Price
- 46
- Beds
- 24
- Baths
- 14592
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1989
Units:
24 Units
Lot size:
0.26 Acre Lot
Price per square foot:
$576 / Sq.Ft
Parking:
24 Off Street Spaces
About this home
Rare opportunity to acquire a 24-unit, Cash Flowing Multifamily Asset in the Heart of Dorchester (one of Boston's most desirable rental markets). This Well-Maintained property generates $60,200 in monthly gross rental income (approximately $722,400 annually), featuring a highly sought after unit mix of 22 (2bd 1bth) units and 2 (1bd 1bth) units. Major capital improvements include updated plumbing and electrical systems completed within the past five years and a roof replaced approximately ten years ago. Additional features include separately metered utilities (Gas & Electric), ample off-street parking, and strong in-place cash flow with opportunities for long-term appreciation. Centrally located near Ashmont Station and Ruggles Station. Whether completing a 1031 exchange or expanding an investment portfolio, this turnkey asset offers immediate income, proven stability, and exceptional upside in one of Greater Boston's strongest multifamily markets. Pro Forma available.
Neighborhood & Transit
Dorchester
7-11 Abbot St, Boston · MA 02124
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 110 days
- Listing Price:
- $8,400,000
- Price per Sq.Ft:
- $576
- Tax Assessment:
- $2,167,000 in 2025
- Taxes:
- $4,266 / Monthly
Home Facts
Interior Features
- Bedrooms
- 46
- Full Bathrooms
- 24
- Half Bathrooms
- 0
- Living Area
- 14,592 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 9984
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 11,248 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 24 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Boston ONE Team
- Listing office
- Serhant
- MLS PIN #
- 73550688
- Disclosure
- Seller spent total of $320,000 in renovations. $125,000 (2022) and $195,000 (2025)