Off Market

556 Cambridge St, Boston, MA

Boston · MA 02134

$3,650,000
Price
26
Beds
25
Baths
17410
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2027
Units: 20 Units
Lot size: 8,172 Sq.Ft Lot
Price per square foot: $210 / Sq.Ft
Parking: 1 Off Street Space

About this home

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!

Neighborhood & Transit

Allston

556 Cambridge St, Boston · MA 02134

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Allston Street Green 0.28 mi
  • Warren Street Green 0.28 mi
  • Boston Landing Commuter Rail 1 route 0.34 mi
    • Framingham/Worcester Line
  • Griggs Street Green 0.37 mi
  • Harvard Avenue Green 0.47 mi

Price Insight

Days on Market:
195 days
Listing Price:
$3,650,000
Price per Sq.Ft:
$210
Tax Assessment:
$2,692,700 in 2026
Taxes:
$4,401 / Monthly

Home Facts

Interior Features

Bedrooms
26
Full Bathrooms
25
Half Bathrooms
0
Living Area
17,410 Sq.Ft
Broker Disclosure about Living Area
Square footage of completed project including 556 Cambridge + 32 Gordon
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
17410
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
8,172 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Residential Group
Listing office
Coldwell Banker Realty - Brookline
MLS PIN #
73498571
Disclosure
ALL DATA IS FOR THE COMPLETED PROJECT. 556 Cambridge Street is currently an office building w/short term tenants. 32 Gordon is currently a 3 Family w/tenants through 8/31/26 + 8/31/27. 32 Gordon is a 4344 sq/ft parcel + 556 Cambridge is a 3828 sq/ft parcel.
Disclosure
Square footage of completed project including 556 Cambridge + 32 Gordon