For Sale

5 Gilman Terrace, Somerville, MA

Somerville · MA 02145

$1,199,900
Price
6
Beds
3
Baths
2267
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 2,091 Sq.Ft Lot
Price per square foot: $529 / Sq.Ft
Parking: No Parking

About this home

Exceptional opportunity to own a spacious two-family home on a dead-end street in desirable Somerville! Ideal for an owner-occupant or investor, this property offers generous living space and established rental income. The first-floor unit features two spacious bedrooms, high ceilings, an updated full bathroom, central heat, and ample closet space. Currently rented at $2,350 per month, with a lease in place through March 31, 2027. The vacant upper unit spans two levels and offers four bedrooms, a full bathroom, a dining room, and a comfortable living room—ready for an owner-occupant or new tenants. Additional finished basement flex space adds versatility. Conveniently located near the Gilman Square Green Line station, Community Path, Somerville High School, and public library, with easy access to Union Square, Davis Square, Assembly Row, restaurants, and shopping. Enjoy convenient connections to Boston and major highways. Easy to show, with a flexible closing date available. Open House Sunday October 25th from 3 to 4:00pm

Neighborhood & Transit

5 Gilman Terrace, Somerville · MA 02145

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Gilman Square Green 0.21 mi

Price Insight

Days on Market:
21 days
Listing Price:
$1,199,900
Price per Sq.Ft:
$529
Tax Assessment:
$850,500 in 2026
Taxes:
$778 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,267 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2267
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
2,091 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Marcos Doliver
Listing office
Prime Choice Real Estate
MLS PIN #
73590206