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$3,650,000

556 Cambridge/32 Gordon Package, Boston MA 02134
Boston, MA 02134
Listed by The Residential Group
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

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.

Property details

MLS #
73498461
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.19 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Jackson Mann
0.13 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
352
Student:teacher ratio
8.2:1
District
Boston
Middle
Putnam Avenue Upper School
1.72 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
262
Student:teacher ratio
7.5:1
District
Cambridge
HighCharter
Boston Green Academy Horace Mann Charter School
0.33 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
486
Student:teacher ratio
11.0:1
District
Boston Green Academy Horace Mann Charter School (District)

Mortgage calculator

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Est. monthly payment
$22,131/mo
$730,000 down
$2,920,000 loan
Principal & interest$18,939
Property tax (est.)$3,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.