Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

556 Cambridge/32 Gordon Package St

Allston - Boston, MA ID #73498571

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556 Cambridge/32 Gordon Package St

Allston - Boston, MA ID #73498571

Property Description

This is your chance to own 556 Cambridge Street, an existing office building and 32 Gordon Street, an existing 3 family, on contiguous lots, together w/approved plans to raze the office building and replace it with a 4 story, 14 unit residential building + separately approved plans to convert the 3 family to a 6 family via gut rehab, expansion into the basement + the addition of roof dormers. The 556 Cambridge Street property is being permitted as a condominium project w/11 market rate + 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 is designed to have (2) 1 beds, (3) 2 bed/2 baths + (1) 3 bed/2 bath unit, all market rate. The existing commercial building has short term tenants. The 3 family has longer term tenants. 2 separate deeds sold as a package w/building permits ready to issue. Put your money to work and transform this desirable corner of Allston into 20 new units!

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Area: Allston
  • Zip Code: 02134
  • Taxes: 52,811
  • Levels: 4
  • Acres: 0.19

Parking

  • Garage Capacity: 1
  • Parking: Off Street
  • Parking Spaces: 1

Rooms/Dimensions

  • Total Units: 20
  • Total Floors: 4
  • Total Rooms: 60

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Residential Group of Coldwell Banker Realty - Brookline. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.