1 / 26
INVESTMENT SNAPSHOT
About this property
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! First Showing at Open House Sunday October 18th from 12 to 2:00pm
Property details
| Units | 2 |
| Living area | 2,267 sqft |
| Lot size | 2,091 sqft |
| Year built | 1890 |
| Price / sqft | $529 |
| County | Middlesex |
| MLS # | 73590206 |
Listing status
| Days on market | 0 days |
| Listed on | October 13, 2026 |
Taxes & financials
| Annual property tax | $9,338 |
| Tax year | 2026 |
| Assessed value | $850,500 |
| Zoning | NR |
| Gross income (actual) | $28,200/yr |
| Net operating income (actual) | $28,200/yr |
| Total actual rent | $2,350/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Partially Finished, Interior Entry, Bulkhead |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas, Baseboard, Electric |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 5 Gilman Ter, Somerville MA 02145 have?
It is a 2-unit multi-family property with 2,267 sqft of living area, built in 1890.
How long has 5 Gilman Ter, Somerville MA 02145 been on the market?
5 Gilman Ter, Somerville MA 02145 has been listed for 0 days (since October 13, 2026).
What is the price per unit?
At a list price of $1,199,900 across 2 units, that works out to roughly $599,950 per unit.
What are the property taxes on 5 Gilman Ter, Somerville MA 02145?
Annual property taxes are $9,338 (2026), on an assessed value of $850,500.
What is the price per square foot?
At $1,199,900 for 2,267 sqft, that's about $529 per square foot.
Where is this property located?
5 Gilman Ter, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
Similar multi-families
◆ 99