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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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $765,100 | $1,255,400 | $2,020,500 | — |
| Date | Price | Book/Page |
|---|---|---|
| Sep 18, 2002 | $100 | 36434/0189 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 4,680 | 3,213 | ✗ |
| Year built | 1,903 | 1,903 | ✓ |
Harvard Square
49-51 Putnam Ave, Cambridge MA 02139
Cambridge, MA 02139
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/24/2026 | ↓ Price Reduced | $2,895,000 | $100,000 | - | From $2,995,000 to $2,895,000 (-3.3%) |
| 03/05/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 03/02/2026 | 🏠 Listed for Sale | $2,995,000 | - | - | Original listing |
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