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556 Cambridge/32 Gordon Package, Boston MA 02134

Active

556 Cambridge/32 Gordon Package, Boston MA 02134

$3,650,000

Estimated $10,319/month Calculator

Multi Family

Total Units: 20

Price Per Unit: $182,500

Total Rent: 0/year

Estimated CAP Rate:

26 Bedrooms

Baths

17410

Total Parking: 1

8,172 (0.19)

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!

This home has been viewed 5 times

Last Checked: July 5th, 2026 at 5:08am (Source: MLS PIN #73498571)

Gross Income: $0

Gross Expenses: $52,811

Net Income Calc: $52,811

Water Views

Annual Expenses for 556 Cambridge/32 Gordon Package, Boston MA 02134

Total Gross Expenses (Calculated)$52,811/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax52811

Annual Income & Unit Breakdown for 556 Cambridge/32 Gordon Package, Boston MA 02134

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Listing ID73498571

Property TypeMulti Family / 5+ Family

Price3650000 ($209.65/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaAllston

Neighborhood(s)

Approximate Living Area Total17410

Approximate Lot Size (Acres)0.19

Total Parking1

Garage Parking0

Year Built2027

Year Built SourcePublic Records

Year Built DetailsTo Be Built

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning3F-4000

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 556 Cambridge/32 Gordon Package, Boston MA 02134

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Real Estate Taxes52811

Tax Year2026

Assessed Value$2,692,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Neighborhood(s)

MLS AreaAllston

Area AmenitiesWalk/jog Trails

Contact Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Agent

Name: The Residential Group

Office

Name: Coldwell Banker Realty - Brookline

Phone: 617-731-2447

Team Members

Name: Scott Johnson

Payment Calculator

, Interest

Property Taxes 4400.92

Principal & Interest 22490.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Brookline

The Residential Group

Agent Phone

Office Phone

(617) 731-2447

Text Agent Call Agent Call Office

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EXIT

12 More Photos

Active

556 Cambridge/32 Gordon Package, Boston MA 02134

$3,650,000

Annual Expenses for 556 Cambridge/32 Gordon Package, Boston MA 02134

Annual Income & Unit Breakdown for 556 Cambridge/32 Gordon Package, Boston MA 02134

General Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Disclosures for 556 Cambridge/32 Gordon Package, Boston MA 02134

Financial Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Location Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Contact Information for 556 Cambridge/32 Gordon Package, Boston MA 02134

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Brookline

The Residential Group