36 Tremont, Cambridge, MA

The project required extensive renovations on the exterior and interior of the building.

• Purchased multi-family apartment building in August 1999 for $103 per square foot
  
• Converted to condominiums in 2000
  
• Sold all units by September 2000 with an average sale price of $306,000 or $300 per square foot
  
• Realized IRR of 112%

Exterior

During renovation

Before

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