7-11 Abbot St., Boston MA 02124
Boston, MA 02124 • Dorchester
$8,640,000
$8,400,000
Est. $46,941/month
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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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.8%
Price Range
Property Timeline
Price Reduced
Aug 21, 2026
$8,400,000
$240,000
(-2.78%)
From $8,640,000 to $8,400,000 (-2.8%)
Listed for Sale
Jul 16, 2026
$8,640,000
Original listing
Agent: The Boston ONE Team
Office: Serhant
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/21/2026 | ↓ Price Reduced | $8,400,000 | $240,000 | - | From $8,640,000 to $8,400,000 (-2.8%) |
| 07/16/2026 | 🏠 Listed for Sale | $8,640,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $51,187 | $2,167,000 |
Financial Details
Annual Property Tax
$51,187
Tax Year 2025
Assessed Value
$2,167,000
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1989
Living Area
14,592 sq ft
Lot Size
0.26 acres
Stories
6
Bedrooms
46
Full Baths
24
Total Rooms
94
Investment Metrics
Units
24
Unit 1 Rent
$2,600/mo · Y
Unit 2 Rent
$2,600/mo · Y
Total Monthly Rent
$5,200/mo
Gross Income
$722,400
Net Operating Income
$541,708
Cap Rate
6.45%
Interior
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Tile, Wood
Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
Finished
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
Balcony, Professional Landscaping
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
24
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$51,187
Assessed Value
$2,167,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None
Seller Disclosures
Seller Spent Total Of $320, 000 In Renovations. $125, 000 (2022) And $195, 000 (2025)
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Documents
None
County
Suffolk
Total market time (incl. prior listings)
40 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1989
Bedrooms
46
Full Bathrooms
24
Living Area
14,592 sq ft
Total Rooms
94
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
9,984 sq ft above grade
4,608 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Wood
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Finished
Laundry:
Security:
Construction & Materials
Year Built:
1989
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Concrete Perimeter
Stories:
6
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
24
Parking Features:
Off Street
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
D
Greenwood Sarah K-8 School
0.3 mi
|
#334 of 352
|
Score: 27.2
Same rank as last year
-31 below state avg
357 students
Less Diverse
Grades PK-08
A
Brooke Charter School Mattapan
0.3 mi
|
#45 of 346
|
Score: 67.9
Improved 79 spots from last year
+9.7 above state avg
2,216 students
Diverse
Rising School
College Ready Curriculum
Grades K-12
D
Lee K-8 School
0.5 mi
|
#335 of 352
|
Score: 27.1
Improved 8 spots from last year
-31.1 below state avg
551 students
Diverse
Grades PK-08
Middle Schools
3 schools
Mother Caroline Academy
0.7 mi
Grades 05-08
Dearborn Middle School
0.8 mi
Frederick Pilot Middle
1.0 mi
High Schools
3 schools
Burke High
0.7 mi
B+
TechBoston Academy
1.0 mi
|
#11 of 25
|
Score: 34.1
Improved 349 spots from last year
-24.1 below state avg
850 students
Diverse
Rising School
Grades 07-12
Urban Achievers School
1.1 mi
Grades 09-12
Learn about these ratings
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$4,266
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Dorchester
7-11 Abbot St., Boston MA 02124
Boston, MA 02124
Listing Information
Listing Agent
The Boston ONE Team
Listing Office
Serhant
Office Phone
617-250-0559
Agent MLS ID
TM362171
Office MLS ID
AN9455
Listing Data Updated
Aug 25, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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