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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.

More Info

Basic Information

  • Lot Features Level, Curbs & Gutters, Storm Drains, Sidewalks
  • Mls StatusActive

Tax Information

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

Basic Information

  • List Price$3,750,000
  • MLS Number73498461
  • Modification Date06/02/2026
  • Property SubTypeResidential

Location

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

Building

  • Building Area Units Square Feet

Property

  • Acreage0.19

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer, On-Site
  • Water Source Public, On-Site

Property Information

  • Lot Size Square Feet 8,172
  • Lot Size Units Acres

Amenities

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

Legal

  • Zoning3F-4000

Other

  • Date Listed04/08/2026
  • Farm Land Area Units Square Feet
  • View Count7

Map Location

Driving Directions

Listed by The Residential Group of Coldwell Banker Realty - Brookline

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