556 Cambridge St

17,410 Sq. Ft.
$215 / Sq. Ft.
17,410
Sq. Ft.
$215
per Sq. Ft.

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...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!
  1. Listed by The Residential Group • Coldwell Banker Realty - Brookline
  2. Listed by Scott Johnson • Coldwell Banker Realty - Brookline
  3. Listed by Jason Manganello • Coldwell Banker Realty - Brookline

Property Details for 556 Cambridge Street

Town
Boston
MLS Area
Allston
Area
MA-Boston-Allston, MA-Boston
Garage Spaces
0
Open Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 06/02/2026 03:08 AM

Property Details for 556 Cambridge Street

StatusActive
MLS #73498571
Days on Market55
Taxes$52,811 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built2027
CountySuffolk County

Location

Listing Courtesy of Coldwell Banker Realty - Brookline, The Residential Group; Coldwell Banker Realty - Brookline, Scott Johnson; Coldwell Banker Realty - Brookline, Jason Manganello
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Building Information for 556 Cambridge Street

Stories4Residences20Year Built2027Building Size-Lot Size0.19 AC / 8,172 SF

Payment Calculator

$23,088 per month

30 year fixed, 6.36% Interest

Principal and Interest

$18,687

Property Taxes

$4,401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 556 Cambridge Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
  • Living Area: 17410.0
  • SqFt with Basement: No
  • Total Units: 20
  • Waterfront: No
  • Water View: No
  • Year Built Details: To Be Built
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 25.0
  • Num of Full Baths: 25
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 25.00
  • Bathrooms Total Integer: 25
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: ALL DATA IS FOR THE COMPLETED PROJECT. 556 Cambridge Street is currently an office building w/short term tenants. 32 Gordon is currently a 3 Family w/tenants through 8/31/26 + 8/31/27. 32 Gordon is a 4344 sq/ft parcel + 556 Cambridge is a 3828 sq/ft parcel.
Tax Information
  • Assessments: $2,692,700
  • Book: 0
  • Tax Year: 2026
  • Zoning: 3F-4000
Building / Association Information
Living Characteristics
  • Beds Total: 26
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Other
  • Levels: 4
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 556 Cambridge Street

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Listed (Active)

MLS PIN #73498461

$3,750,000—
Apr 8, 2026

Listed (Active)

MLS PIN #73498571

$3,750,000—
Dec 9, 1994

Sold (Public Record)

Public Record #99902128

$203,000—
DateEvent & SourcePrice
04/08/2026

Listed (Active)

MLS PIN #73498461

$3,750,000
04/08/2026

Listed (Active)

MLS PIN #73498571

$3,750,000
12/09/1994

Sold (Public Record)

Public Record #99902128

$203,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 556 Cambridge Street

Taxable ValueLand$299,600Additions$1,057,400Total$1,357,000
Tax Record2025$35,228 ($2,936 / month)
Home Facts
Total Finished SqFt5,915 SqFtAbove Grade Finished SqFt5,915 SqFtStories3Lot Size3,822 SqFtStyleOffice BuildingYear Built1920Year Renovated1980ZoningCCountySUFFOLKAPNALLS W:21 P:01123 S:000

Schools near 556 Cambridge Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 9 to 12
Public - 7 to 12
Public - PK to 8
Rating
School
Distance
Horace Mann School For The Deaf
PublicPK to 12

Another Course To College
Public9 to 12

Brighton High School
Public7 to 12

Gardner Pilot Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

556 Cambridge Street is a multi-family home for sale in Boston, MA 02134. This property was listed for sale on April 8, 2026 by Coldwell Banker Realty - Brookline, it's currently listed at $3,750,000. It has been on the market for a total of 55 days and was last sold on December 9, 1994. This listing's school district is Boston Public Schools. Nearby schools include Horace Mann School For The Deaf, Another Course To College and Brighton High School. 556 Cambridge Street is a 26-bed, 25-bath, 17,410 sqft multi-family home built in 2027.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Brookline, The Residential Group; Coldwell Banker Realty - Brookline, Scott Johnson; Coldwell Banker Realty - Brookline, Jason Manganello

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.