$2,608,000
SOLD MAR 7, 2025
8 Beds
7 Baths
6,186 Sq Ft
5,429 Sq Ft Lot

Recently Sold

$422 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • 0.12 Acre Lot
  • 3 Fireplaces
  • Jogging Path
  • Property is near public transit and schools
  • Community Pool
  • 1-minute walk to Alberico Park

About This Home

As of March 2025

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.

Last Agent to Sell the Property

William Senne

Senne Listed on: 01/07/2025

Senne

Co-Listed By

Moises Morin-Martinez

Gatsby Realty Group, LLC

Last Buyer's Agent

William Senne

Senne Listed on: 01/07/2025

Senne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,179

Year Built

  • Built in 1893

Lot Details

  • 5,429 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • Property has 1 Level
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Property is near public transit and schools
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $12,550
  • Rent includes unit 2(water)
  • Assessor Parcel Number 404542

Community Details

Overview

  • 4 Units
  • Near Conservation Area

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $186,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,179

Year Built

Built in 1893

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1893
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: None
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Basement: Full, Finished, Walk-Out Access
  • Above Grade Finished Sq Ft: 4286
  • Below Grade Sq Ft: 1900
  • Living Area: 6186
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6753
  • MAIN SO: AN6753

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber, Asphalt/Composition Shingles
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • 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
  • Rent Includes: Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 404542
  • Zoning: C
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5429
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17179

Multi Family

  • Net Operating Income: 186600
  • Number Of Units Total: 4
  • Total Actual Rent: 12550
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $2,608,000 -3.2% $422 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $2,695,000 0.0% $436 / Sq Ft
04/06/2015 04/06/15 Rented $2,500 0.0% --
03/07/2015 03/07/15 Under Contract -- -- --
03/02/2015 03/02/15 For Rent $2,500 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,407 $2,898,800 $896,000 $2,002,800
2024 $17,179 $2,901,800 $916,000 $1,985,800
2023 $16,915 $2,886,600 $916,000 $1,970,600
2022 $13,253 $2,238,600 $856,000 $1,382,600
2021 $14,044 $2,400,700 $808,000 $1,592,700
2020 $12,782 $2,222,900 $780,000 $1,442,900
2019 $11,896 $2,002,700 $678,400 $1,324,300
2018 $11,247 $1,788,100 $590,000 $1,198,100
2017 $10,551 $1,625,700 $560,000 $1,065,700
2016 $11,410 $1,632,300 $428,000 $1,204,300
2015 $11,319 $1,447,400 $344,000 $1,103,400
2014 $10,910 $1,301,900 $320,000 $981,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73323764

MLS Property Information Network (MLS PIN)