Completed

23 EVERETT ST, EAST BOSTON, MA

acquisition price $406,000
sale price $750,000
net profit $105,000
sales date 06/18/2018 acquisition date 12/06/2016

Overview

Rise Capital acquired this two-story single family property in the heart of Jeffries Point at auction. After a year spent going to community meetings and working with architects & attorneys, our condominium plans for a 2-Family conversion were accepted and then approved by the zoning board. Shortly thereafter we were approached by a developer with a bid to take over the project. Upon further negotiation both parties reached a mutually beneficial agreement in June 2018.

 

Location

marker

23 EVERETT ST, EAST BOSTON, MA

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