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.
- Heating System:
- Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Finished
- Parking:
- Off Street
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator, Freezer
- Construction:
- Brick
- Exterior Unit Features:
- Professional Landscaping, Balcony
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- There are move in fees. Must reserve elevator. NO SMOKING. Multiple year lease might be available, 24+ hours notice for showings due to current tenants. Lease start could potentially be earlier than 8/15., Renovation complete July 2026. Outside pictures used virtual enhancing., downstairs refrigerator negotiable. NO condo fees
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Living Room
- Lead Paint:
- No
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Area:
- Dorchester
- Market Time:
- 12
- Parking Spaces:
- 24
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $592
- Zoning:
- COMM3
- No Units:
- 24
- Orig Price:
- $8,640,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02124
- Longitude:
- W72° 54' 47.9''
- Latitude:
- N42° 17' 50.7''
Residential Income
7-11 Abbot St., Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $8,640,000
- Bedrooms :
- 46
- Rooms :
- 94
- Total Bathrooms :
- 24
- Full Bathrooms :
- 24
- Square Footage :
- 14,592 Sqft
- Year Built :
- 1989
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73550688
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
