$3,750,000
Active556 Cambridge/32 Gordon Package
Boston, MA, 02134
Land · MLS #73498461
Days on market
New today
Lot size
0.19 ac
0.19 acres
Lot
About this home
Put your money to work and build this fully approved two parcel, 20 unit project in a convenient Allston location. The package comprises 556 Cambridge Street, an existing 2 story office building together w/plans to replace it with a four story, 14 unit residential building. The second part of the package is an abutting 3 family at 32 Gordon Street, together w/plans to convert it to a 6 family via a gut rehab + the addition of roof dormers. The 556 Cambridge Street property is being permitted as a condominium project w/11 market rate and 3 affordable units and a mix that includes (1) 2 bed/2 bath, (7) 1 beds + (6) studios. The 32 Gordon Street property can be developed for sale or rent and once complete will comprise (2) 1 beds, (3) 2 bed/2 bath + (1) 3 bed/2 bath units, all market rate. This is your opportunity to transform this little corner of Boston into something outstanding! Can be delivered permit ready to issue.
Property details
- Electric
- 110 Volts
Listed by The Residential Group · Coldwell Banker Realty - Brookline
Schedule a showing
556 Cambridge/32 Gordon Package
Estimated payment
$24,275 / month
Loan term
- Principal & interest
- $18,962
- Property tax
- $3,750
- Home insurance
- $1,563
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
Compare