39-41 Gilman Somerville MA 02145 MLS #73410300

39-41 Gilman
Somerville, MA, 02145
$2,950,000
16 Beds
8 Baths
4,724 SqFt
0.23 Acres
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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

Price:
$2,950,000
MLS #:
73410300
Status:
Active
Beds:
16
Baths:
8
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
eastsomerville
Listed Date:
Jul 28, 2025
Finished Sq Ft:
4,724
Total Sq Ft:
4,724
Lot Size:
9,999 sqft / 0.23 acres (approx)
Year Built:
1900
Units:
4
East SomervilleEastsomerville

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Schools

Interior

Bathrooms
8 Full Bathrooms

Exterior

Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$198,708
Tax Year
2025
Taxes
$29,000

Map

Community

Subdivisions in Somerville

Market Summary

Current real estate data for Multi Family in Somerville as of Nov 12, 2025
71
Multi Family Listed
137
Avg DOM
466
Avg $ / SqFt
$1,571,997
Avg List Price

Property Summary

    39-41 Gilman Somerville MA is a Multi Family for sale in Somerville, MA, 02145. It is listed for $2,950,000 To schedule a showing of MLS#73410300 at 39-41 Gilman in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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