7-11 Abbot St., Dorchester $8,400,000
Sale Type: For Sale Ft2: 14,592 Lot Size: 11,248 Ref #: 73550688
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Category: Multi Family Home
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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
- Ft2
- 14,592
- Lot Size
- 11,248
- Tax
- $51,187
- REO
- Yes
Listing provided courtesy of The Boston ONE Team, Serhant
