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7-11 Abbot St., Boston MA 02124

Boston, MA 02124 • Dorchester
$8,640,000
Est. $48,154/month
46
Beds
24
Baths
14,592
Sq Ft
$592
Price/Sq Ft
0.26
Acres
1989
Year Built
24
Parking
7 hours 46 minutes
Time on Market
Active Listed Jul 16, 2026 • MLS# 73550688 Copied! • Updated Jul 16, 2026

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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Property History

Property Timeline

🏠
Listed for Sale
Jul 16, 2026
$8,640,000
Original listing
Agent: The Boston ONE Team Office: Serhant

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
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 6.27%
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
Construction Brick
Architecture None
Roof Rubber
Features Balcony, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 24
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $51,187
Assessed Value $2,167,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Spent Total Of $320, 000 In Renovations. $125, 000 (2022) And $195, 000 (2025)
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Suffolk

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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
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
E

Elementary Schools

10 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
C-
Holmes Elementary School
0.6 mi | #710 of 824 | Score: 34.7
Dropped 24 spots from last year
-23.5 below state avg
283 students Diverse
Grades PK-06
C-
UP Academy Charter School of Dorchester
0.9 mi | #308 of 352 | Score: 30.7
Dropped 17 spots from last year
-27.5 below state avg
640 students Diverse
Grades PK-08
C-
UP Academy Holland School
0.9 mi | #721 of 824 | Score: 34.1
Improved 98 spots from last year
-24.1 below state avg
641 students Diverse
Rising School
Grades PK-06
C-
Codman Academy Charter Public School
0.9 mi | #293 of 346 | Score: 40.3
Dropped 9 spots from last year
-17.9 below state avg
344 students Moderate
College Ready Curriculum
Grades PK-12
Berea SDA Academy
1.0 mi
Grades PK-08
D
Shaw Elementary School
1.1 mi | #783 of 824 | Score: 29.8
Improved 54 spots from last year
-28.4 below state avg
528 students Moderate
Rising School
Grades PK-06
F
King Elementary School
1.1 mi | #823 of 824 | Score: 22.7
Dropped 3 spots from last year
-35.6 below state avg
464 students Diverse
Grades PK-06
M

Middle Schools

10 schools
Mother Caroline Academy
0.7 mi
Grades 05-08
Dearborn Middle School
0.8 mi
Epiphany School
1.1 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.2 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
1.6 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Nativity Prep School
1.8 mi
Grades 05-08
Middle School Academy
3.1 mi
C
Ohrenberger School
4.1 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
Frederick Pilot Middle
1.0 mi
Irving Middle
2.2 mi
H

High Schools

10 schools
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
A+
Boston Latin Academy
1.3 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
D
English High School
1.3 mi | #324 of 346 | Score: 29.7
Improved 34 spots from last year
-28.5 below state avg
720 students Moderate
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
Meridian Academy
1.4 mi
Grades 06-09
B-
Margarita Muniz Academy
1.6 mi | #14 of 25 | Score: 31.3
Improved 349 spots from last year
-26.9 below state avg
428 students Less Diverse
Strong AP Program Rising School
Grades 07-12
B
Dearborn STEM Academy
2.0 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
2.3 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
C
Ruth Batson Academy
2.6 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
A-
Boston Preparatory Charter Public School
2.7 mi | #8 of 25 | Score: 41.6
Improved 287 spots from last year
-16.6 below state avg
700 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
C+
New Mission High School
2.9 mi | #240 of 346 | Score: 47.3
Improved 88 spots from last year
-10.9 below state avg
715 students Diverse
13 sports • 458 athletes
Early College Program High Graduation Rate Rising School Diverse Student Body
Grades 07-12
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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 Jul 16, 2026 6:57 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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