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5 Essex St
Somerville, MA, 02145
$1,188,000
6 Beds
4 Baths
2,665 SqFt
0.07 Acres
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MLS #73525367 image #0
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!

Property Details

Price:
$1,188,000
MLS #:
73525367
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
May 27, 2026
Finished Sq Ft:
2,665
Total Sq Ft:
2,665
Lot Size:
3,050 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
2

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Schools

Interior

Above Grade Finished Area
2665
Bathrooms
4 Full Bathrooms
Fireplaces Total
1
Flooring
Wood
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
3
Parking Total
3
Stories
3

Financial

Net Operating Income
$45,000
Tax Year
2025
Taxes
$11,299

Map

Community

Subdivisions in Somerville

Market Summary

Current real estate data for Multi Family in Somerville as of Jun 10, 2026
100
Multi Family Listed
117
Avg DOM
489
Avg $ / SqFt
$1,962,108
Avg List Price

Property Summary

    5 Essex St Somerville MA is a Multi Family for sale in Somerville, MA, 02145. It is listed for $1,188,000 To schedule a showing of MLS#73525367 at 5 Essex St in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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