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Rare opportunity to acquire a meticulously maintained three-family residence at 49-51 Putnam Ave in Cambridge. Each thoughtfully updated 3-bedroom, 2-bath unit offers modern finishes, functional layouts, and strong tenant appeal. The building is in outstanding condition, with updated systems, a full basement for storage, and a well-kept exterior. Ideally located just moments from the Charles River, Harvard Square, the Harvard & Central Sq. T stations, and Harvard University, this prime setting ensures exceptional convenience and enduring rental demand. Currently generating excellent rental income, the property delivers immediate cash flow with long-term appreciation potential in one of Cambridge's most desirable neighborhoods.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $173,700
  • Lot Features Other
  • Mls StatusContingent
  • Parcel Number M:00131 L:00060,408417

Tax Information

  • Tax Assessed Value $1,951,000
  • Tax Year 2025
  • Taxes$12,389

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$2,750,000
  • MLS Number73481478
  • Modification Date06/03/2026
  • Property SubType3 Family
  • Purchase Contract Date06/02/2026

Location

  • Address49-51 Putnam Avenue
  • Building Number49-51
  • CountyMiddlesex
  • NeighborhoodHarvard Square
  • StateMA
  • StreetPutnam Avenue
  • SubdivisionHarvard Square
  • TownCambridge
  • Zip02139

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Window Features Insulated Windows
  • Year Built1903
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.05

Interior

  • Flooring Wood

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,213
  • Lot Size Square Feet 2,233
  • Lot Size Units Acres
  • Square Feet3,213

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Legal

  • ZoningC-1

Other

  • Date Listed03/02/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Max Dublin Team of Gibson Sotheby's International Realty

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