Buying a development opportunity in Union Square
While I definitely see a fair amount of 2-family condo conversions in and sound Union Square, I actually think one of the better opportunities is flipping larger 5 or 6+ unit multi-families in the area. Gut renovate and then sell-off over a 3 to 6 month period can yield outsized returns if you buy right and are patient in waiting for the right opportunity to come up.
If you are thinking of buying a development in or around Union Square, Somerville, I can be reached at 617-833-7457!