7-11 Abbot St., Boston, MA 02124
- $8,640,000
- 46
- BD
- 24
- BA
- 14,592
- SqFt
- List Price
- $8,640,000
- Status
- ACTIVE
- MLS#
- 73550688
- Bedrooms
- 46
- Bathrooms
- 24
- Full Baths
- 24
- Living Area
- 14,592
- Lot Size (Acres)
- 0.26
- Year Built
- 1989
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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Additional Information
- Area
- Dorchester
- Taxes
- $51,187
- Parking Description
- Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Natural Gas
- Cooling
- Window Unit(s)
- Appliances
- Range, Dishwasher, Microwave, Refrigerator, Freezer
- Community Features
- Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
- Basement Features
- Finished
- Electric Features
- Circuit Breakers
- Exterior Features
- Balcony, Professional Landscaping
- Flooring
- Tile, Wood
- Interior Features
- Living Room, Kitchen
- Roof Material
- Rubber
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: The Boston ONE Team from Listing Office: Serhant.
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