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5 Essex St, Somerville MA 02145

Somerville, MA 02145
$1,188,000
Est. $7,149/month
6
Beds
4
Baths
2,665
Sq Ft
$446
Price/Sq Ft
0.07
Acres
1900
Year Built
3
Parking
42
Days on Market
Active Listed May 27, 2026 • MLS# 73525367 Copied! • Updated Jun 2, 2026

About this home

A rare Somerville two-family on a quiet street in the heart of Gilman Square and at a price point that works for value-add buyers and owner-occupants alike. The 1st floor offers true flexibility: configure it as a 1 bed/1 bath or expand to 2 bed/1 bath with the existing pocket doors. Upstairs, you’ll find a spacious 4 bed/2 bath unit with both bathrooms completely gut renovated in 2015. Super tall ceilings and great width throughout give both units an airy, oversized feel that tenants notice immediately. A double-wide curb cut with three-car off-street parking and a private backyard round out the package. The systems are solid too: Harvey vinyl windows from 2017, significant electrical work completed in 2025, washer 2019, and dryer 2025 mean many of the big-ticket items are behind you. One block to the Gilman Square Green Line station, and steps to the Community Path bike trail, Sarma, Winter Hill Brewing Co, and much more. Opportunities like this don't come around often!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 27, 2026
$1,188,000
Original listing
Agent: Sage Jankowitz Office: Cambridge Sage Inc.

Tax History

Year Taxes Assessment
2025 $11,299 $1,035,700

Financial Details

Annual Property Tax
$11,299
Tax Year 2025
Assessed Value
$1,035,700

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 2,665 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 4
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $3,750/mo · Y
Total Monthly Rent $3,750/mo
Gross Income $45,000
Net Operating Income $45,000
Cap Rate 3.79%
Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Fireplaces 1
Basement Unfinished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,299
Assessed Value $1,035,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Roof Is 26 Yrs Old. One Boiler / One Gas Meter For Both Units. 2nd Laundry Hook-up In Basement Has Gas Line Disconnected. Boiler From 1990 But Still Functional. Unit 1 Delivered Vacant, Unit 2 To Vacate End Of July 2026. Fireplace Is Not Functional. Small Hole In Smaller Bed In Unit 2.
Exclusions Unit 2 Renter Belongings.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures 1st floor has been rented as both 1-bed and 2-bed over the years. 4th bath is in basement.
Documents None
County Middlesex
Total market time (incl. prior listings) 6 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
2,665 sq ft
Total Rooms
11
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $942
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

5 Essex St, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent Sage Jankowitz
Listing Office Cambridge Sage Inc.
Office Phone 617-833-7457
Agent MLS ID CN231626
Office MLS ID AN8801
Listing Data Updated Jun 2, 2026 3:00 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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