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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Basic Information

Gross Income $722,400
Lot Features Corner Lot
Mls StatusNew
Rent Includes Unit 1(Water), Unit 2(Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $2,167,000
Tax Year 2025
Taxes$51,187

Parking

Parking Features Off Street
Parking Spaces24

Rooms

Bathroom24
Bathrooms Total Decimal 24
Bedrooms46
Full Bath24

Basic Information

List Price$8,640,000
MLS Number73550688
Modification Date07/16/2026
Property SubType5+ Family - 5+ Units Up/Down

Location

Address7-11 Abbot Street
Building Number7-11
CountySuffolk
NeighborhoodDorchester
StateMA
StreetAbbot Street
SubdivisionDorchester
TownBoston
Zip02124

Building

BasementFinished
Building Area Units Square Feet
Construction Materials Brick
FoundationConcrete Perimeter
Levels 6
Rooms94
Stories6
Units24
Utilities For Gas Range
Year Built1989
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.26

Interior

Flooring Tile, Wood
Interior Features Living Room, Kitchen

Exterior

Exterior Features Balcony, Professional Landscaping
RoofRubber

Utilities

Cooling Window Unit(s)
Cooling YN Yes
Electric Circuit Breakers
Heat SystemYes
Heating Natural Gas
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Owner
Living Area 14,592
Lot Size Square Feet 11,248
Lot Size Units Acres
Square Feet14,592

Amenities

Amenities
- Golf
- Highway Access
- House of Worship
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- University
Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Freezer
Other AmenitiesBasement, Golf, Tennis

Legal

ZoningCOMM3

Other

Date Listed07/16/2026
Farm Land Area Units Square Feet
View Count1

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Newton, MA

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More Info

Basic Information

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Parking

Rooms

Basic Information

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Building

Property

Interior

Exterior

Utilities

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Legal

Other

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Newton, MA