Penny Wood - HK Realty Logo
$8,400,000
 $45,093 est/mo Sourced by Back At You

7-11 Abbot St.,Boston, MA 02124

Boston, MA 02124

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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.

Details

MLS #73550688
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1989
Days On Site101
Listing Provided BySerhant | The Boston ONE Team

Features

Bed(s)46
Bath(s) 24 Total
SQ Feet14,592
BasementY
Story(s)6
Units24
ZoningCOMM3
Acreage0.26
Golf CourseYes

Interior

Rooms Total94
Cooling Yes / NoYes
CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingNatural Gas
Interior FeaturesLiving Room, Kitchen
AppliancesRange, Dishwasher, Microwave, Refrigerator, Freezer
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Professional Landscaping
RoofRubber
Construction MaterialsBrick
Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount51187
Tax Assessed Value2167000
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityBoston
Zip Code02124
AreaDorchester
Listing VS Median (in 02124)
Price:
$8,400,000
low | high
Med:
$286,998
100% of Average
sqft:
14,592
low | high
Med:
920
100% of Average
$ / sqft:
$576
low | high
Med:
$312
95.802974938488% of Average
On site:
101
low | high
Med:
9
100% of Average
Sourced by Back At You

Market Activity 02124

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Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
StateMA
CountySuffolk
CityBoston
Zip Code02124
AreaDorchester
Listing VS Median (in 02124)
Price:
$8,400,000
low | high
Med:
$286,998
100% of Average
sqft:
14,592
low | high
Med:
920
100% of Average
$ / sqft:
$576
low | high
Med:
$312
95.802974938488% of Average
On site:
101
low | high
Med:
9
100% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 3:06:48 AM PDT

Penny Wood - HK Realty