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515-519 East Second Street Update 07/19/21

Approved South Boston Multifamily Site Acquired for $6.5M

A MA-based developer has acquired the property at 515-519 East Second Street in South Boston from Original Party Trolley of Boston for $6.5M. A 30-unit multifamily development was approved for the site in December 2020. The planned 5-story building would also include 35 parking spaces. $4.75M in financing for the deal was provided by FTF Lending. 

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