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5 Gilman Ter, Somerville MA 02145

$1,199,900

Estimated $2,724/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $599,950

Total Rent: 28200/year

Estimated CAP Rate:

6 Bedrooms

Baths

2267

Total Parking: 0

2,091 (0.05)

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

This home has been viewed 9 times

Last Checked: October 20th, 2026 at 7:53am (Source: MLS PIN #73590206)

Gross Income: $28,200

Gross Expenses: $9,338

Net Income Calc: $18,862

Water Views

Annual Expenses for 5 Gilman Ter, Somerville MA 02145

Total Gross Expenses (Calculated)$9,338/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9338

Annual Income & Unit Breakdown for 5 Gilman Ter, Somerville MA 02145

Total Gross Income (Calculated)$28,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 5 Gilman Ter, Somerville MA 02145

Listing ID73590206

Property TypeMulti Family

Price1199900 ($529.29/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2267

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 5 Gilman Ter, Somerville MA 02145

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 Gilman Ter, Somerville MA 02145

Real Estate Taxes9338

Tax Year2026

Assessed Value$850,500

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 Gilman Ter, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 5 Gilman Ter, Somerville MA 02145

Agent

Name: Marcos Doliver

Office

Name: Prime Choice Real Estate

Phone: 781-395-5555

Payment Calculator

, Interest

Property Taxes 778.17

Principal & Interest 7393.4

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Prime Choice Real Estate

Marcos Doliver

Agent Phone

Office Phone

(781) 395-5555

Text Agent Call Agent Call Office

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    [description] => 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
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EXIT

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