39-41 Gilman, Somerville MA 02145

Somerville, MA 02145 • East Somerville
$2,950,000
Est. $15,701/month
16
Beds
8
Baths
4,724
Sq Ft
$624
Price/Sq Ft
0.23
Acres
1900
Year Built
4 Family - 4 Units Up/Down
Type
60
Days on Market
Active Price Drop -$240,000 Listed Sep 26, 2025 • MLS# 73410300

About this home

Don't miss this exceptional chance to own a fully renovated 4-unit multifamily building in the heart of East Somerville! Each spacious unit offers 4 bedrooms and 2 full bathrooms, with 2 units featuring an office/den space as well. This building has been thoughtfully updated with modern finishes and layouts ideal for both renters and owner-occupants. With room for 4 off-street parking spots, this property offers a rare convenience in this vibrant urban neighborhood. Situated just minutes from the new Green Line Extension, Assembly Row, restaurants, shops, and major commuter routes, this location is a high-demand rental market with strong income potential.Whether you're an investor looking to add a turn-key property to your portfolio or a buyer seeking long-term appreciation in one of Somerville’s fastest-growing areas, this building delivers.

Facts & Features

Property Overview

Property Type
4 Family - 4 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
16
Full Bathrooms
8
Living Area
4,724 sq ft
Total Rooms
34
Stories
4
Levels
4

Interior Features

Has Fireplace
No
Interior Features
Living Room, Kitchen, Office/Den

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
9,999 sq ft
Lot Size Area
0.2300

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$29,000
Tax Year
2025
Tax Assessed Value
$2,542,000
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Listing agent related to seller.

Location

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Neighborhood

East Somerville

39-41 Gilman, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,417
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 28, 2025
$2,950,000
Original listing
Agent: Alexander Jafry Office: Sterling Beacon Hill

Price & Status History

Date Event Price Change
Jul 28, 2025 New Listing Added $2,950,000

Market Statistics

Days on Market
60 days
Price per Sq Ft
$624
Total Price Drop
-$240,000

Tax History

Year Taxes Assessment
2025 $29,000 $2,542,000

Financial Details

Annual Property Tax
$29,000
Tax Year 2025
Assessed Value
$2,542,000

Listing Information

Listing Agent Alexander Jafry
Listing Office Sterling Beacon Hill
Agent MLS ID CN254100
Office MLS ID AN4467

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