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NEW
31
$3,190,000
Total Beds: 16 Total Baths: 8
Total Units: 4 SQFT: 4724
LOT size: 0.23 Acres
39-41 Gilman
Somerville, MA 02145
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Property Description

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.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 16
  • Total Full Baths: 8
  • Common Rooms: Kitchen, Living Room, Office/Den

Financial

  • APOD Available: No
  • Gross Operating Income: 198708
  • Net Operating Income: 198708

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73410300
  • Last Updated: 07/28/25

Mortgage Calculator

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Map

Seller's Representative: Alexander Jafry, Sterling Beacon Hill
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-07-28 15:40:00

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