7-11 Abbot St
$8,640,000
46
Beds
24
Baths
14,592
Sqft
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$8,640,000
46
Beds
24
Baths
14,592
Living Area
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Property Description
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.
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Highlights
- Area: Dorchester
- Heating: Natural Gas
- Parking Spots: 24
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 94
- Status: Active
- Cooling: Window Unit(s)
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1989
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
- Construction: Brick
- Flooring: Tile, Wood
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Owner
- Year Built Details: Approximate
- Zoning: Comm3
- Basement: Finished
- Exterior Features: Balcony, Professional Landscaping
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 24
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,167,000
- Tax Year: 2025
- Total Rent: $5,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $51,187
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