Completed

199 HAVRE ST, EAST BOSTON, MA

acquisition price $390,000
sale price $1,400,000
net profit $800,000
sales date 05/01/2019 acquisition date 12/07/2017

Overview

This development project started with the Rise Capital team acquiring a single-family home home in East Boston. The team worked with architects and lawyers to draw up plans and get zoning approval to turn the single-family home into 6 new condo units. The team worked with neighbors and the surrounding community to make sure that the project benefitted all stakeholders, not just the investors. The plans for the shovel ready ground-up project were sold to a developer who brought the project to fruition.

 

The property and plans were sold by Rise Realty in April 2019.

Location

marker

199 HAVRE ST, EAST BOSTON, MA

Rise Capital continuously searches for new investment avenues, so come invest with us today!