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5 Essex St, Somerville MA 02145

$1,188,000

Estimated $2,868/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $594,000

Total Rent: 45000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2665

Total Parking: 3

3,050 (0.07)

A rare Somerville two-family on a quiet street in the heart of Gilman Square and at a price point that works for value-add buyers and owner-occupants alike. The 1st floor offers true flexibility: configure it as a 1 bed/1 bath or expand to 2 bed/1 bath with the existing pocket doors. Upstairs, you’ll find a spacious 4 bed/2 bath unit with both bathrooms completely gut renovated in 2015. Super tall ceilings and great width throughout give both units an airy, oversized feel that tenants notice immediately. A double-wide curb cut with three-car off-street parking and a private backyard round out the package. The systems are solid too: Harvey vinyl windows from 2017, significant electrical work completed in 2025, washer 2019, and dryer 2025 mean many of the big-ticket items are behind you. One block to the Gilman Square Green Line station, and steps to the Community Path bike trail, Sarma, Winter Hill Brewing Co, and much more. Opportunities like this don't come around often!

This home has been viewed 10 times

Last Checked: June 3rd, 2026 at 10:53am (Source: MLS PIN #73525367)

Gross Income: $45,000

Gross Expenses: $11,299

Net Income Calc: $33,701

Annual Expenses for 5 Essex St, Somerville MA 02145

Total Gross Expenses (Calculated)$11,299/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11299

Annual Income & Unit Breakdown for 5 Essex St, Somerville MA 02145

Total Gross Income (Calculated)$45,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 5 Essex St, Somerville MA 02145

Listing ID73525367

Property TypeMulti Family / 2 Family

Price1188000 ($445.78/SqFt)

Style2 Family - 2 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2665

Approximate Lot Size (Acres)0.07

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 5 Essex St, Somerville MA 02145

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDryer

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 5 Essex St, Somerville MA 02145

Real Estate Taxes11299

Tax Year2025

Assessed Value$1,035,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 5 Essex St, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 5 Essex St, Somerville MA 02145

Agent

Name: Sage Jankowitz

Office

Name: Cambridge Sage Inc.

Phone: 617-833-7457

Payment Calculator

, Interest

Property Taxes 941.58

Principal & Interest 7320.08

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cambridge Sage Inc.

Sage Jankowitz

Agent Phone

Office Phone

(617) 833-7457

Text Agent Call Agent Call Office

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EXIT

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