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$1,199,900
Total Beds: 6 Total Baths: 3
Total Units: 2 SQFT: 2267
LOT size: 0.05 Acres
5 Gilman Ter
Somerville, MA 02145
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Property Description

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

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, T-Station
  • Basement Features: Bulkhead, Full, Interior Access, Partially Finished
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 28200
  • Net Operating Income: 28200

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1890
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73590206
  • Last Updated: 10/17/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Marcos Doliver, Prime Choice Real Estate
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 2026-10-17 03:05:00