SOLDMultiFamily
Remax Acquires Multifamily Property In Charlestown, MA For $2.3M
40 Mt Vernon St Boston, Ma 02129, Usa
$2,300,000
$547/SF
Building Size
4,205 SF
Asset Type
MultiFamily
Closing
Jun 28, 2023
AI
On June 28, 2023, a property located at 40 MT Vernon in Charlestown, MA, was sold for $2,300,000. The property's details regarding asset type were not provided.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Square Footage: 4,205 SF
- Price per Square Foot: $547
- Address: 40 MT Vernon, Charlestown, MA
- Market: Charlestown, MA
The sale was facilitated by Tina Endicott of Remax as the buyer's representative and Eve Dougherty of Compass as the seller's representative.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93