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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

More Info

Basic Information

  • Gross Income $28,200
  • Listing Terms Contract
  • Mls StatusNew
  • Parcel Number M:0078 B:000G L:0016,758807
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Partially Finished, Interior Entry, Bulkhead
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms13
  • Stories3
  • Units2
  • Window Features Insulated Windows
  • Year Built1890
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Date Listed10/13/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $850,500
  • Tax Year 2026
  • Taxes$9,338

Basic Information

  • List Price$1,199,900
  • MLS Number73590206
  • Modification Date10/13/2026
  • Property SubTypeMulti Family

Property

  • Acreage0.05

Interior

  • Flooring Tile, Hardwood
  • Interior Features Living Room, Kitchen, Dining Room

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Baseboard, Electric
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • T-Station
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Parking

  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Location

  • Address5 Gilman Terrace
  • Building Number5
  • CountyMiddlesex
  • StateMA
  • StreetGilman Terrace
  • TownSomerville
  • Zip02145

Exterior

  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,267
  • Lot Size Square Feet 2,091
  • Lot Size Units Acres
  • Square Feet2,267
  • View YN Yes

Map Location

Listed by Marcos Doliver of Prime Choice Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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