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21 Mount Vernon St, Boston,...

Updated Dec 20, 2023

Mission Realty Advisors Acquires Multifamily Property In Boston For $1.4M
SOLDMultiFamily

Mission Realty Advisors Acquires Multifamily Property In Boston For $1.4M

21 Mount Vernon St, Boston, Massachusetts 02135, United States

$1,431,000

$358/SF

Building Size

3,990 SF

Asset Type

MultiFamily

Closing

Dec 20, 2021

About this deal

AI

The multifamily property located at 21 Mount Vernon St in Boston, MA was recently sold. The sale took place on December 20, 2021. The property was represented by Thomas O Neill from Success! Real Estate, while Mission Realty Advisors from Compass acted as the buyer's representative.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,431,000
  • Square Footage: 3,990 SF
  • Price Per Square Foot: $359
  • Address: 21 Mount Vernon St, Boston, MA
  • Market: Boston, MA

This transaction demonstrates the successful collaboration between Thomas O Neill from Success! Real Estate and Mission Realty Advisors from Compass. Both parties played a crucial role in facilitating the sale of the multifamily property at 21 Mount Vernon St. The transaction highlights the expertise and professionalism of these representatives.

Players

Thomas O’Neill

Broker

$2.8M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $358 per square foot on a published $1.4M for 3,990 square feet (2021).

Visit Thomas O’Neill to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.09%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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