• $3,650,000List Price
  • 26Bedrooms
  • 25Bathrooms
  • 0.19Acreage
  • 2027Year Built
  • 17,410Square Feet

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!

More Info

Basic Information

  • Lot Features Corner Lot
  • Mls StatusActive

Basic Information

  • List Price$3,650,000
  • MLS Number73498571
  • Modification Date06/21/2026
  • Property SubType5-9 Family

Property

  • Acreage0.19

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 17,410
  • Lot Size Square Feet 8,172
  • Lot Size Units Acres
  • Square Feet17,410

Tax Information

  • Tax Assessed Value $2,692,700
  • Tax Year 2026
  • Taxes$52,811

Location

  • Address556 Cambridge/32 Gordon Package
  • Building Number556
  • CountySuffolk
  • NeighborhoodAllston
  • StateMA
  • StreetCAMBRIDGE/32 Gordon Package
  • SubdivisionAllston
  • TownBoston
  • Zip02134

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Parking

  • Parking Features Off Street
  • Parking Spaces1

Rooms

  • Bathroom25
  • Bathrooms Total Decimal 25
  • Bedrooms26
  • Full Bath25

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 4
  • Rooms60
  • Stories4
  • Units20
  • Year Built2027
  • Year Built Details To Be Built
  • Year Built Source Public Records

Other

  • Date Listed04/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Residential Group of Coldwell Banker Realty - Brookline

Allston Boston, MA Demographics

There is no data available

Allston Boston, MA Real Estate Market Data

There is no data available

Allston Boston, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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