243 Princeton Street, East Boston
Investment Opportunity
An opportunity to co-invest in a condo conversion project for cash investors.
Guaranteed 15% APR return compound.
Seven Units
The subject property is a 7 family comprised of +/- 7000/sf of gross living area situated on a level lot of 5000/sf. The project is approved to construct seven (7) residential condominiums with parking.
Opportunity
This project features 7 luxury condos, 3 of them with roof top decks overlooking Boston sky line. This is new construction building done up to latest standards in construction, materials and energy efficiency.
Project
1 year to completion and 6 months to sell. Construction starts this fall by Legee Construction. Sunrise Real Estate Investment anticipates to pre-sell all units before construction is complete.
Virtual Tour
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Floor Plans
Finishes and Specifications
All units will have white shaker cabinets, high-end appliances with washer/dryer in the unit, white quartz countertops and white marble vanities, white marble tiled bathrooms, 4” white oak hardwood floors, central AC and balconies with 3 top units having a designated roof deck. The building will be fully sprinkled.
Greater Boston Market Overview
Greater Boston continues to be an economic force. With the ninth-largest GDP in the country and fifteenth largest GDP in the world, it’s one of North Americas centers for healthcare, life science, finance, tourism, education and technology. Greater Boston is home to 16 Fortune 500 Companies and some of the largest employers including Mass General, Brigham & Women’s, Oracle, Raytheon, MIT and the University of Massachusetts.
Greater Boston boasts a population of 4.9 million — ranking it one of the largest metropolitan areas in the United States. A vibrant history, numerous cultural attractions, five professional sports teams, and some of the best shopping in the world keep more than 15 million tourists coming to the metro area annually.