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Home Massachusetts Multi-Family Homes for Sale

49-51 Putnam Ave Cambridge, MA 02139
13 Days on Jacob Realty
18
$2,995,000
Total Beds: 9 Total Baths: 6
Total Units: 3 SQFT: 3213
LOT size: 0.05 Acres
49-51 Putnam Ave
Cambridge, MA 02139
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Property Description

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.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 173700
  • Gross Expenses: 21074
  • Net Operating Income: 152656

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1903
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73481478
  • Last Updated: 03/06/26

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Map

Seller's Representative: Max Dublin Team, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-03-06 03:05:00

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