See all 15 photos
$3,495,000
Est. payment /mo
26 Beds
25 Baths
17,410 SqFt
New
556 Cambridge/32 Gordon Package Boston, MA 02134
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Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,410 sqft
Price per Sqft $200
MLS Listing ID 73598951
Bedrooms 26
Full Baths 25
Annual Tax Amount $52,811
Tax Year 2026
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type 5-9 Family
Property Description
PUT YOUR MONEY TO WORK AND TRANSFORM THIS DESIRABLE CORNER OF ALLSTON INTO 20 NEW UNITS! 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 tenants till 8/31/27. 2 separate deeds sold as a package w/approvals.
Location
State MA
County Suffolk
Area Allston
Zoning 3F-4000
Direction Cambridge Street to Gordon Street
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Total Parking Spaces 1
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false

Listed by Coldwell Banker Realty - Brookline
NEARBY SCHOOL & BUSINESS
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