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49-51 Putnam AveCambridge, MA 02139

For Sale

$2,995,000

Smart Buyer Rebate $14,975

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.

Listed by Max Dublin

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Gibson Sotheby's International Realty

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617-230-7615

Listed by Max Dublin Team

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Gibson Sotheby's International Realty

Last updated March 06, 2026

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Source: MLSPin #73481478

Listing Facts

  • TypeMulti-family
  • NeighborhoodRiverside
  • Bedrooms9
  • Bathrooms6
  • Days on Prevu14
  • Taxes$12,389/year
  • Size3,213 sqft
  • Price per sqft$932

Location

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Listing History

03/02/2026
Listed by Gibson Sotheby's International Realty
$2,995,000

Property Details for 49-51 Putnam Ave

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Rubber
  • Stories: 3
  • Stories Total: 3
  • Window Features: Insulated Windows
  • Year Built: 1903
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,213
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.05
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,233
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $173,700.00
  • Operating Expense: $21,074.00

Taxes

  • Parcel Number: M:00131 L:00060,408417
  • Tax Annual Amount: $12,389.00
  • Tax Assessed Value: $1,951,000.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Wood

Measurements

  • Living Area: 3,213
  • Living Area Source: Public Record

Rooms

  • Basement: Full
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9
  • Rooms Total: 15

Parking

Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

Equipment

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

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 9 bedrooms and 6 bathrooms in this multi-family home at 49-51 Putnam Ave.

What are the annual taxes for 49-51 Putnam Ave?

Annual taxes for this multi-family home are estimated at $12,389.

How does 49-51 Putnam Ave compare to other multi-family homes in Riverside?

This multi-family home is listed 52% below the average price for multi-family homes in Riverside and has been on the market for 26 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,213 sqft.

49-51 Putnam Ave is a 9-bedroom, 6-bath multi-family home for sale in Cambridge MA 02139. On Prevu for 14 days at $2,995,000. This property features 3,213 square feet of living space, located in Riverside. The median listing price for multi-family homes in this area is $1,250,000. Browse more multi-family home listings in Cambridge.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.