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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 24 |
| Living area | 14,592 sqft |
| Lot size | 11,248 sqft |
| Year built | 1989 |
| Price / sqft | $592 |
| County | Suffolk |
| MLS # | 73550688 |
Listing status
| Days on market | 12 days |
| Listed on | July 16, 2026 |
Taxes & financials
| Annual property tax | $51,187 |
| Tax year | 2025 |
| Assessed value | $2,167,000 |
| Zoning | COMM3 |
| Gross income (actual) | $722,400/yr |
| Net operating income (actual) | $541,708/yr |
| Total actual rent | $5,200/mo |
Building & lot
| Stories | 6 |
| Total rooms | 94 |
| Lot size | 0.26 acres |
| Garage spaces | 0 |
| Parking spaces | 24 |
| Parking | Off Street |
| Basement | Finished |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Brick |
| Flooring | Tile, Wood |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Freezer |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 7-11 Abbot St., Boston MA 02124 have?
It is a 24-unit multi-family property with 14,592 sqft of living area, built in 1989.
How long has 7-11 Abbot St., Boston MA 02124 been on the market?
7-11 Abbot St., Boston MA 02124 has been listed for 12 days (since July 16, 2026).
What is the price per unit?
At a list price of $8,640,000 across 24 units, that works out to roughly $360,000 per unit.
What are the property taxes on 7-11 Abbot St., Boston MA 02124?
Annual property taxes are $51,187 (2025), on an assessed value of $2,167,000.
What is the price per square foot?
At $8,640,000 for 14,592 sqft, that's about $592 per square foot.
Is there parking?
24 total parking spaces (off street).
Where is this property located?
7-11 Abbot St., Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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