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49-51 Putnam Ave, Cambridge MA 02139

$2,750,000

Estimated $5,492/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $916,666.67

Total Rent: 173700/year

Estimated CAP Rate:

9 Bedrooms

Baths

3213

Total Parking: 0

2,233 (0.05)

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.

This home has been viewed 25 times

Last Checked: June 18th, 2026 at 7:58am (Source: MLS PIN #73481478)

Gross Income: $173,700

Gross Expenses: $12,389

Net Income Calc: $161,311

Annual Expenses for 49-51 Putnam Ave, Cambridge MA 02139

Total Gross Expenses (Calculated)$12,389/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12389

Annual Income & Unit Breakdown for 49-51 Putnam Ave, Cambridge MA 02139

Total Gross Income (Calculated)$173,700

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 49-51 Putnam Ave, Cambridge MA 02139

Listing ID73481478

Property TypeMulti Family / 3 Family

Price2750000 ($855.9/SqFt)

Style3 Family

CityCambridge

CountyMiddlesex

MLS AreaHarvard Square

Neighborhood(s)

Approximate Living Area Total3213

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1903

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 49-51 Putnam Ave, Cambridge MA 02139

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data SourceEstimated

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 49-51 Putnam Ave, Cambridge MA 02139

Real Estate Taxes12389

Tax Year2025

Assessed Value$1,951,000

Financial Data SourceEstimated

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 49-51 Putnam Ave, Cambridge MA 02139

Neighborhood(s)

MLS AreaHarvard Square

Area AmenitiesWalk/jog Trails

Contact Information for 49-51 Putnam Ave, Cambridge MA 02139

Agent

Name: Max Dublin Team

Office

Name: Gibson Sotheby's International Realty

Phone: 617-945-9161

Team Members

Payment Calculator

, Interest

Property Taxes 1032.42

Principal & Interest 16944.63

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Max Dublin Team

Agent Phone

Office Phone

(617) 945-9161

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Pending

49-51 Putnam Ave, Cambridge MA 02139

$2,750,000

Annual Expenses for 49-51 Putnam Ave, Cambridge MA 02139

Annual Income & Unit Breakdown for 49-51 Putnam Ave, Cambridge MA 02139

General Information for 49-51 Putnam Ave, Cambridge MA 02139

Disclosures for 49-51 Putnam Ave, Cambridge MA 02139

Financial Information for 49-51 Putnam Ave, Cambridge MA 02139

Location Information for 49-51 Putnam Ave, Cambridge MA 02139

Contact Information for 49-51 Putnam Ave, Cambridge MA 02139

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Gibson Sotheby's International Realty

Max Dublin Team