402-404 Putnam Avenue is a new-to-market, leased and cash flowing multi-family ready, prime for long term investment or condominium redevelopment! With over 6,100 square feet of existing Gross Floor Area per city records, a driveway and yard, this could be your next project! Wonderfully situated in Cambridgeport convenient to Harvard Business School, MIT, Central Square, the Charles River, Trader Joe's and Whole Foods. We will be conducting showings this week and reviewing offers on a rolling basis. Leases are available upon request.
Sale Statistics
Sale Overview
Original List Price:$2,695,000
Final Sale Price:$2,608,000
Difference:
$87,000 (-3.2%)
Performance Metrics
96.8%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$436
Sale $/sq ft:$422
This property sold for $422 per square foot
Sale Summary
This property sold for 3.2% below the original asking price.
With only 21 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
5-9 Family
Property Category
Residential Income
Year Built
1893
Bedrooms
8
Full Bathrooms
5
Half Bathrooms
2
Living Area
6,186 sq ft
Total Rooms
24
Stories
3
Levels
3
Interior Features
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
None
Basement Details
Full, Finished, Walk-Out Access
Exterior & Structure
Construction Materials
Frame
Roof
Rubber, Asphalt/Composition Shingles
Foundation
Other
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.12 acres
Lot Size
5,429 sq ft
Lot Size Area
0.1200
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Tandem
Covered Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$17,179
Tax Year
2024
Tax Assessed Value
$2,898,800
Parcel Number
404542
Zoning
C
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
All current leases end on 8/31/2025 except for 404-1, that lease ends on 5/31/25.
