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52-A MARION ST, EAST BOSTON, MA – Investwithrise
Completed

52-A MARION ST, EAST BOSTON, MA

acquisition price $570,000
sale price $610,000
net profit $35,000
sales date 12/12/2018 acquisition date 06/13/2018

Overview

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, Rise Capital was able to successfully flip the property for a sizable profit without any new alterations being done in August 2018.

Location

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52-A MARION ST, EAST BOSTON, MA

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