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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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7-11 Abbot St. , Boston, MA 02124
$8,400,000
Est. Payment: $18,666.67/mo
46 Bed
24 Bath
14592 Sqft
Status: Active | Days on site: 62
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AN9455 - TM362171
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House Description

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.

Highlights

Listed by The Boston ONE Team , 617-704-0921 Serhant , 617-250-0559.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1989

County

Suffolk

Area

Dorchester

Listing ID

73550688

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:46
  • Bathrooms:24
  • Full Bathrooms:24
Appliances:Range, Dishwasher, Microwave, Refrigerator, Freezer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Wood
Other:
  • Additional:Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:24
Zoning:COMM3
Roof:Rubber
Others:
  • Additional:Balcony, Professional Landscaping
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 24
Principal Interest
$18,667
Taxes
$4,266

Home Price

$8,400,000

Loan Details

30 yrs
%

Down Payment

20%
$1,680,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,666.67 $4,265.58 $0.00 $22,932.25
Yearly $224,000.00 $51,187.00 $0.00 $275,187.00
Total $6,720,000.00 $1,535,610.00 $0.00 $8,255,610.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.