39-41 Gilman, Somerville MA 02145

Somerville, MA 02145 • East Somerville
$2,950,000
Est. $17,533/month
16
Beds
8
Baths
4,724
Sq Ft
$624
Price/Sq Ft
0.23
Acres
1900
Year Built
130
Days on Market
Active Price Drop -$240,000 Listed Jul 28, 2025 • MLS# 73410300 Copied!

About this home

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 Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
16
Full Bathrooms
8
Living Area
4,724 sq ft
Total Rooms
34
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1900
Living Area 4,724 sq ft
Lot Size 0.23 acres
Bedrooms 16
Full Baths 8
Total Rooms 34

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen, Office/den

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $29,000
Assessed Value $2,542,000

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen, Office/Den
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

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:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

East Somerville

39-41 Gilman, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

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 $2,417
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.

Property History

Property Timeline

🏠
Listed for Sale
Jul 28, 2025
$2,950,000
Original listing
Agent: Alexander Jafry Office: Sterling Beacon Hill

Price & Status History

Date Event Price Change
Jul 28, 2025 New Listing Added $2,950,000

Market Statistics

Days on Market
130 days
Price per Sq Ft
$624
Total Price Drop
-$240,000

Tax History

Year Taxes Assessment
2025 $29,000 $2,542,000

Financial Details

Annual Property Tax
$29,000
Tax Year 2025
Assessed Value
$2,542,000

Listing Information

Listing Agent Alexander Jafry
Listing Office Sterling Beacon Hill
Agent MLS ID CN254100
Office MLS ID AN4467
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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Market Analytics for Somerville, MA

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