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41 Mount Pleasant Avenue, B...

Sean Packard & EXp Realty Sell Multifamily Property In Roxbury, MA For $1.29M
SOLDMultiFamily

Sean Packard & EXp Realty Sell Multifamily Property In Roxbury, MA For $1.29M

41 Mount Pleasant Avenue, Boston, MA, USA

$1,290,000

$239/SF

Building Size

5,382 SF

Asset Type

MultiFamily

Closing

Oct 21, 2021

AI

The multifamily property located at 41-43 Mount Pleasant Ave in Roxbury, MA was recently sold for a total price of $1,290,000. The transaction took place on October 21, 2021, and was facilitated by Sean Packard from Centre Realty Group, representing the buyer, and Doug Gilmore from eXp Realty, representing the seller. The property consists of 4 units, with a price per unit of $322,500. It spans a total area of 5,382 square feet, resulting in a price per square foot of $240.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,290,000
  • Date: 10/21/2021
  • Address: 41-43 Mount Pleasant Ave, Roxbury, MA
  • Market: Roxbury, MA
  • Buyer's Rep: Sean Packard - Centre Realty Group
  • Seller's Rep: Doug Gilmore - eXp Realty
  • Units: 4
  • Price Per Unit: $322,500
  • Total SF: 5,382
  • Price Per SF: $240

Sean Packard from Centre Realty Group represented the buyer in this transaction, while Doug Gilmore from eXp Realty represented the seller. The deal was successfully closed with a sale price of $1,290,000 for the multifamily property located at 41-43 Mount Pleasant Ave in Roxbury, MA.

Players

Sean Packard

Centre Realty Group

Broker

$41.2M

vol

19 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.30%

Cash-on-Cash

-3.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93