Property Details
Basic Information
- Property SubType: 5-9 Family
- MLS Number: 73498571
- Mls Status: Active
- List Price: $3,650,000
- Date Listed: 04/08/2026
- Units: 20
- Description: 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!
Building
- Acreage: 0.19
- Square Feet: 17,410
- Year Built: 2027
- Zoning: 3F-4000
- Stories: 4
- Rooms: 60
- Foundation: Other
Location
- County: Suffolk
- Neighborhood: Allston
- Subdivision: Allston
- Town: Boston
Finance
- Taxes: $52,811
Interior Features
Bedrooms
- Bedrooms: 26
Bathrooms
- Bathrooms: 25
- Full Baths: 25
Community
Amenities
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
- Other Amenities: Basement