52-A MARION ST, EAST BOSTON, MA

Rise Capital acquired this two-story single family property in the heart of Eagle Hill at auction. After a several long months spent at community meetings and working with architects & attorneys, our building development plans for a 2-Family conversation were accepted and then approved by the zoning board. Shortly thereafter we were approached by an outside investor with a bid to take over the project. After negotiations, we were able to successfully flip the property for a sizable profit without any new alterations being done!

Rise Capital continuously searches for new investment avenues!

Key Numbers

Purchase Price: $570K
Sale Price: $610K
Net Profit: $35K

Project Development

Property Acquired at Auction
Architectural Redesign
Guidance from Attorney
Zoning Board Plan Approval
Negotiations with Developer
Contract Sold