Development projects
To increase value by expanding total living area, creating additional floors, or units with total rehab or new construction.
Average Investment Period: 6 months – 2 years
Total Development Value: ~$12,000,000
Total Number of Units: 26
01
70 Beechcroft St Brighton MA
Acquired Asset: Single family
Scope of Work: Torn down existing property and rebuild ground up new construction of three unit multifamily. Condo conversion.
Sold Asset: Three condos
Completed Year: 2018
02
70 Bellingham St Chelsea MA
Acquired Asset: 11 condo portfolio + 1 condo
Scope of Work: Gut renovation and built out of two additional garden level units. Undo condo conversion.
Sold Asset: 14 unit multifamily brick building
Completed Year: 2018
03
11 Waverly Ave Everett MA
Acquired Asset: Single family
Scope of Work: Complete clean up and interior renovation
Sold Asset: Single family
Completed Year: 2020
04
132-134 Holton St Brighton MA
Acquired Asset: Two unit multifamily
Scope of Work: Complete gut renovation and addition of a third unit. Condo conversion.
Sold Asset: Three condos
Completed Year: 2019
05
58 Cherry St Malden MA
Acquired Asset: Two unit multifamily
Scope of Work: Complete gut renovation and addition on third floor to increase second unit FAR. Condo conversion
Sold Asset: Two condos
Completed Year: 2021
06
24 Kensington Ave Somerville MA
Acquired Asset: Single family
Scope of Work: Complete gut renovation and third floor addition to increase FAR. Condo conversion
Sold Asset: Three condos
Completed Year: 2021
07
247 Chestnut Hill Ave #22 Brighton MA
Acquired Asset: One bedroom condo
Scope of Work: Interior rehab of a one bedroom condo into a two bedroom condo
Sold Asset: Two bedroom condo
Completed Year: 2020
08
153-155 Oakland St Malden MA
Acquired Asset: Two family residential
Scope of work: Complete interior renovation including plumbing, electrical, walls, cosmetic update kitchen and bathroom
Completed year: 2022