Off Market

41 Derby St, Somerville, MA

Somerville · MA 02145

$1,750,000
Price
9
Beds
6
Baths
2725
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 3 Units
Price per square foot: $642 / Sq.Ft
Parking: 2 Garage Spaces · 4 Off Street Spaces

About this home

Exceptional opportunity to acquire a performing three-family property with built-in upside and multiple exit strategies. This asset stands out with a bi-level first unit, offering enhanced livability and rental appeal compared to typical layouts.The property features off-street parking, a major value-add for tenants and future resale, along with a strong, consistent tenant history that supports immediate cash flow. For added flexibility, the property can be delivered with one unit vacant, ideal for owner-occupants or investors looking to reposition rents. Significant capital improvements include a well-maintained roof, with drone footage available upon request for full transparency.Please note this three-family is already configured as three individual condominium units, each currently being marketed separately. This gives you optionality for a sell-off strategy, hybrid hold, or full portfolio acquisition.

Neighborhood & Transit

41 Derby St, Somerville · MA 02145

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
217 days
Listing Price:
$1,750,000
Price per Sq.Ft:
$642
Tax Assessment:
$999,999,999 in 9999
Taxes:
$8,333,333 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
6
Half Bathrooms
0
Living Area
2,725 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1995
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
0 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
J. Lucky Henry
Listing office
Henry RE
MLS PIN #
73493783
Disclosure
Three separately deeded units. Also being offered individually for sale.