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.
Listed by Alexander Jafry
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Sterling Beacon Hill
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978-602-4030
Last updated August 01, 2025
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Source: MLSPin #73410300
Listing Facts
TypeMulti-family
NeighborhoodEast Somerville
Bedrooms16
Bathrooms8
Days on Prevu41
Taxes$29,000/year
Size4,724 sqft
Price per sqft$675
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/28/2025
Listed by Sterling Beacon Hill
$3,190,000
Property Details for 39-41 Gilman
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 4
Stories Total: 4
Year Built: 1900
Year Built Details: Approximate
Construction Materials: Frame
Measurements
Building Area Total: 4,724
Building Area Units: Square Feet
Lot Size Acres: 0.23
Lot Size Area: 0
Lot Size Square Feet: 9,999
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $198,708.00
Taxes
Tax Annual Amount: $29,000.00
Tax Assessed Value: $2,542,000.00
Tax Year: 2025
Interior
Features
Interior Features: Living Room, Kitchen, Office/Den
Measurements
Living Area: 4,724
Living Area Source: Public Record
Rooms
Bathrooms Full: 8
Bathrooms Total Integer: 8
Bedrooms Total: 16
Rooms Total: 34
Parking
Parking
Open Parking: Yes
Parking Features: Paved Drive, Off Street
Parking Total: 4
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
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