5 Gilman Ter, Somerville MA 02145

Somerville, MA 02145
$1,199,900
Est. $7,046/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
6
Beds
3
Baths
2,267
Sq Ft
$529
Price/Sq Ft
0.05
Acres
1890
Year Built
New today
Time on Market
For Sale Open House Listed Oct 13, 2026 • MLS# 73590206 Copied! • Updated Oct 13, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

18
Oct
Sunday, October 18
12:00 PM - 2:00 PM EDT

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! First Showing at Open House Sunday October 18th from 12 to 2:00pm

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 13, 2026
$1,199,900
Original listing
Agent: Marcos Doliver Office: Prime Choice Real Estate

Tax History

Year Taxes Assessment
2026 $9,338 $850,500

Financial Details

Annual Property Tax
$9,338
Tax Year 2026
Assessed Value
$850,500

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,267 sq ft
Lot Size 0.05 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent $2,350/mo · Y
Unit 2 Rent — · N
Total Monthly Rent $2,350/mo
Gross Income $28,200
Net Operating Income $28,200
Cap Rate 2.35%
Heating Forced Air, Natural Gas, Baseboard, Electric
Cooling None
Flooring Tile, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Partially Finished, Interior Entry, Bulkhead
Laundry None
Features Living Room, Kitchen, Dining Room
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,338
Assessed Value $850,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
House Color Gray
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
6
Full Bathrooms
3
Living Area
2,267 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen, Dining Room
Windows: Insulated Windows
Basement: Full, Partially Finished, Interior Entry, Bulkhead
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Forced Air, Natural Gas, Baseboard, Electric
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Parking Features:

Special Features

View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $778
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

Loading map...

Neighborhood

5 Gilman Ter, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent Marcos Doliver
Listing Office Prime Choice Real Estate
Office Phone 781-395-5555
Agent MLS ID BB804821
Office MLS ID AC0119
Listing Data Updated Oct 13, 2026 5:02 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

Loading market insights for Somerville.