Multi Family · MBTA

5 Gilman Ter

Somerville, MA 2145 · MLS 73590206

$1,199,900

2,267 sqft

  • Beds—
  • Baths—
  • Sq Ft2,267
  • Year1890
  • Style—
  • $ / Sq Ft$529
  • HOA—
  • Taxes$9,338
  • Parking0
  • Lot2091.0
  • MLS73590206
  • StatusActive

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. Open House Sunday October 25th from 3 to 4:00pm

Location

DirectionsMore in Somerville

More about Somerville

Somerville Profile Snapshot
Primary Vibe Dense and walkable city with squares, independent dining, and growing transit access. Popular with professionals and buyers seeking urban convenience.
Housing Prices Prices vary by location and condition. Properties near Davis Square and the Green Line Extension command premiums. Multi-family homes offer rental potential.
Commute to Boston Green Line Extension and Orange Line provide access. Walking and bus options are strong. Parking is limited near stations.
Schools Served by Somerville Public Schools. Confirm assignments with the district.
Market Demand supported by transit and walkability. Updated properties near stations attract interest.
Housing Styles Triple-deckers, multi-family homes, condominiums, and newer mid-rise buildings. Outdoor space varies.

Similar homes nearby

Explore Boston Homes

Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.