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26-28 Gilman Terrace, Somerville MA 02145

Pending

26-28 Gilman Terrace, Somerville MA 02145

$1,300,000

Estimated $2,537/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $650,000

Total Rent: 21600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2696

Total Parking: 4 (1 Garage)

0 (0.00)

Offers, if any, will be reviewed by the sellers on Tuesday, October 6 at 12 o’clock. Fantastic two-family home tucked at the end of a cul-de-sac in Winter Hill, steps to the Gilman Square Green Line T Station and close to Somerville High School, the Public Library, Community Bike Path, and Union Square. Owner-occupied for 30 years by an artist and carpenter, the property blends original character with thoughtful updates. The upper unit at 28 Gilman Terrace spans the second and third floors and features a renovated kitchen with stainless steel appliances, marble countertops, solid-wood cabinetry, peninsula seating for four, and adjacent laundry. The main level also offers a formal dining room, a spacious living room with a wood-burning fireplace featuring a hand-carved original mantel and a soapstone hearth, a renovated full bathroom, and one bedroom. The third floor includes three additional bedrooms and a full bathroom with a clawfoot tub.The first-floor rental at 26 Gilman Terrace offers a living room, dining room, one bedroom, a full tiled bathroom, and a renovated eat-in kitchen with stainless steel appliances, oak cabinetry, granite countertops, recessed lighting, and parquet flooring.Both units have central air conditioning and access to a full unfinished basement with laundry, built-in shelving, and ample storage. Exterior features include Hardie Plank siding, Azek trim, an architectural-shingle roof, and new front porches. A detached one-car garage currently used for storage/workshop space qualifies for ADU conversion, with driveway parking in front. A charming side yard features a slate patio and a garden area. A rare opportunity to own a character-filled two-family property in a highly accessible Winter Hill location. Solar system for Unit 2 only.

This home has been viewed 9 times

Last Checked: October 24th, 2026 at 6:03am (Source: MLS PIN #73585010)

Gross Income: $21,600

Gross Expenses: $5,143

Net Income Calc: $16,457

Water Views

Annual Expenses for 26-28 Gilman Terrace, Somerville MA 02145

Total Gross Expenses (Calculated)$5,143/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5143

Annual Income & Unit Breakdown for 26-28 Gilman Terrace, Somerville MA 02145

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 26-28 Gilman Terrace, Somerville MA 02145

Listing ID73585010

Property TypeMulti Family / 2 Family

Price1300000 ($482.2/SqFt)

Style2 Family - 2 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2696

Approximate Lot Size (Acres)0

Total Parking4 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 26-28 Gilman Terrace, Somerville MA 02145

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 26-28 Gilman Terrace, Somerville MA 02145

Real Estate Taxes5143

Tax Year2026

Assessed Value$885,300

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 26-28 Gilman Terrace, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 26-28 Gilman Terrace, Somerville MA 02145

Agent

Name: The Shorey Realty Group

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Team Members

Payment Calculator

, Interest

Property Taxes 428.58

Principal & Interest 8010.19

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

The Shorey Realty Group

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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    [description] => Offers, if any, will be reviewed by the sellers on Tuesday, October 6 at 12 o’clock. Fantastic two-family home tucked at the end of a cul-de-sac in Winter Hill, steps to the Gilman Square Green Line T Station and close to Somerville High School, the Public Library, Community Bike Path, and Union Square. Owner-occupied for 30 years by an artist and carpenter, the property blends original character with thoughtful updates. The upper unit at 28 Gilman Terrace spans the second and third floors and features a renovated kitchen with stainless steel appliances, marble countertops, solid-wood cabinetry, peninsula seating for four, and adjacent laundry. The main level also offers a formal dining room, a spacious living room with a wood-burning fireplace featuring a hand-carved original mantel and a soapstone hearth, a renovated full bathroom, and one bedroom. The third floor includes three additional bedrooms and a full bathroom with a clawfoot tub.The first-floor rental at 26 Gilman Terrace offers a living room, dining room, one bedroom, a full tiled bathroom, and a renovated eat-in kitchen with stainless steel appliances, oak cabinetry, granite countertops, recessed lighting, and parquet flooring.Both units have central air conditioning and access to a full unfinished basement with laundry, built-in shelving, and ample storage. Exterior features include Hardie Plank siding, Azek trim, an architectural-shingle roof, and new front porches. A detached one-car garage currently used for storage/workshop space qualifies for ADU conversion, with driveway parking in front. A charming side yard features a slate patio and a garden area. A rare opportunity to own a character-filled two-family property in a highly accessible Winter Hill location. Solar system for Unit 2 only.
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    [unparsed] => 26-28 Gilman Terrace, Somerville MA 02145
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EXIT

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