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7-11 Abbot St, Dorchester Center, MA, 02124

46beds
24baths
14,592sqft
$8,640,000
$592price/sqft
$54,624/moest. monthly cost
$2,184,960/yrincome needed

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.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

3/10
Greenwood K-8 SchoolGrades PK-80.3 mi
3/10
Lee K-8 SchoolGrades PK-80.5 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Freezer

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 46
  • Bathrooms: 24
  • Full bathrooms: 24

Features

  • Living Room,Kitchen
  • Flooring: Tile,Wood
  • Finished area below ground: 4,608
  • Finished area above ground: 9,984

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 14,592
  • Total interior livable area: 14,592 sqft

Property

Details

  • Zoning: COMM3

Features

  • Exterior features: Balcony,Professional Landscaping

Lot

  • Lot size: 0.26 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 24
  • Parking features: Off Street
  • Uncovered spaces: 24

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $43,688$524,256
Home Insurance *$3,091$37,092
Property Taxes $4,968$59,616
Electricity $2,877$34,529
Total$54,624$655,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,872,822/yr
40% on housing$1,638,720/yr
45% on housing$1,456,640/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$592This listing

vs Other Active Listings

Avg $/sqft

ZIP 02124$351
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02124$396
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-16Listed for sale$8,640,000

For Sale by Agent

AgentThe Boston ONE Team
BrokerageSerhant

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