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    39-41 Gilman St Somerville, MA 02145

    For Sale
    $2,950,000

    Fully renovated 4-unit multifamily building in East Somerville.

    Lot size:
    0.23 Acres

    Property Features for 39-41 Gilman St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1900

    Source: Sterling Beacon Hill Agent Alexander Jafry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Building in Somerville

    This is a fully renovated 4-unit multifamily building located in East Somerville. Each unit features 4 bedrooms and 2 full bathrooms. Two of the units also include an office/den space. The building has been updated with modern finishes and layouts. There is space for 4 off-street parking spots. The property is situated minutes from the new Green Line Extension, Assembly Row, restaurants, shops, and major commuter routes. This location is in a high-demand rental market.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0906137
    Latitude
    42.3851887

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    FAQs

    What type of property is this?
    Quadplex - Fully renovated 4-unit multifamily building in East Somerville.
    Where is this quadplex located?
    The property is located at 39-41 Gilman St Somerville, MA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Fully renovated 4-unit multifamily building; - Each unit boasts 4 bedrooms and 2 full bathrooms; - Prime location: Minutes from the Green Line Extension, Assembly Row, restaurants, shops, and major commuter routes
    (978) 602-4030
    Request Owner's contact information
    39-41 Gilman St Somerville, MA 02145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39-41 Gilman St Somerville, MA 02145
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