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556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
556 Cambridge Street
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$3,750,000

556 Cambridge Street

8,172 Sq.Ft.

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.

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Location

556 Cambridge Street, Allston 02134

Status

For Sale
Scott Johnson

Scott Johnson

TITLE

Managing Partner/REALTOR®

Jason Manganello

Jason Manganello

TITLE

Associate Partner/REALTOR®

Property Amenities

Area & Lot
Lot Area 8,172 Sq.Ft.
MLS® ID 73498461
Type Land
Status For Sale
Exterior
Water Source Public, On-Site
Sewer Public Sewer, On-Site
Lot Features Level, Curbs Gutters, Storm Drains, Sidewalks
Finance
Sales Price $3,750,000
Real Estate Tax $52,811 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 556 Cambridge Street, Allston 02134. We are reviewing your request and will be in touch shortly!

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Allston

A vibrant and eclectic neighborhood with a diverse population.

Let’s Talk Real Estate

The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.