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556 Cambridge/32 Gordon Package, Boston, MA 02134

$3,750,000
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Active Under Contract
LOT SIZE 0.188 acres MLS#73498461
STATUSActive Under Contract PROPERTY TYPELand - Residential

Property Description

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. Group showings Friday 4/10 and Sunday 4/12 from 12-1:30.

556 Cambridge/32 Gordon Package | MLS# 73498461

This land located at 556 Cambridge/32 Gordon Package, Boston, MA 02134 is currently listed for sale with an asking price of $3,750,000. The property has approximately 0.19 Acres. Search Boston real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.19 Acres
Taxes: $52,811

Feature Descriptions

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 13
Electric: On-Site
Electric On Property: Yes
Lot Features: Level, Curbs & Gutters, Storm Drains, Sidewalks
Rental Term: Monthly
Sewer: Public Sewer, On-Site
Water: Public, On-Site

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Brookline
Agency Phone: 617-731-2447
Agent Name: The Residential Group

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Estimated Payment

$ 13,840.54 per month $8,345.87 Principal & Interest $4,400.92 Property Tax $1,093.75 Homeowner's Insurance

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