PUT YOUR MONEY TO WORK AND TRANSFORM THIS DESIRABLE CORNER OF ALLSTON INTO 20 NEW UNITS! 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 tenants till 8/31/27. 2 separate deeds sold as a package w/approvals.
| Units | 20 |
| Living area | 17,410 sqft |
| Lot size | 8,172 sqft |
| Year built | 2027 |
| Price / sqft | $201 |
| County | Suffolk |
| MLS # | 73598951 |
| Days on market | 0 days |
| Listed on | November 4, 2026 |
| Annual property tax | $52,811 |
| Tax year | 2026 |
| Assessed value | $2,692,700 |
| Zoning | 3F-4000 |
| Total actual rent | $0/mo |
| Stories | 4 |
| Total rooms | 60 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Parking | Off Street |
| Foundation | Other |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Boston →
Listing courtesy of Coldwell Banker Realty - Brookline — The Residential Group. Listing data © MLS PIN.
Answered from the listing data and public map data.
It is a 20-unit multi-family property with 17,410 sqft of living area, built in 2027.
556 Cambridge/32 Gordon Package, Boston MA 02134 has been listed for 0 days (since November 4, 2026).
At a list price of $3,495,000 across 20 units, that works out to roughly $174,750 per unit.
Annual property taxes are $52,811 (2026), on an assessed value of $2,692,700.
At $3,495,000 for 17,410 sqft, that's about $201 per square foot.
1 total parking space (off street).
556 Cambridge/32 Gordon Package, Boston MA 02134 is in Boston, Suffolk County, MA 02134.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.