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Pending

65 Derby St, Somerville MA 02145

$995,000

Estimated $2,462/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $497,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2857

Total Parking: 8 (1 Garage)

5,000 (0.11)

Exceptional opportunity to own one of the best-priced two-family homes in Somerville, offering strong upside and expansion potential. This property features two oversized units with flexible layouts ideal for both investors and owner-occupants looking to build equity over time. Unit 1 spans two levels and includes 3 bedrooms and 2 full bathrooms, providing ample living space. Unit 2 offers a spacious layout with a living room, dining room, kitchen, and one bedroom on the main level, along with two additional bedrooms on the upper floor. A standout feature is the large carriage house/barn, presenting a variety of possibilities for additional income or future use, including potential ADU conversion (buyer to perform due diligence). Off-street parking adds to the property’s overall convenience. Located in the desirable Winter Hill neighborhood, just minutes to Sullivan Square, Assembly Row, and a wide range of restaurants and shops. Easy access to Boston makes this a prime location.

This home has been viewed 5 times

Last Checked: May 7th, 2026 at 4:33am (Source: MLS PIN #73509082)

Gross Income: $0

Gross Expenses: $10,183

Net Income Calc: $10,183

Water Views

Annual Expenses for 65 Derby St, Somerville MA 02145

Total Gross Expenses (Calculated)$10,183/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10183

Annual Income & Unit Breakdown for 65 Derby St, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 65 Derby St, Somerville MA 02145

Listing ID73509082

Property TypeMulti Family

Price995000 ($348.27/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2857

Approximate Lot Size (Acres)0.11

Total Parking8 (1 Garage)

Garage Parking1

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 65 Derby St, Somerville MA 02145

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher In 1st Floor Bath Excluded; Basement Tools

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 65 Derby St, Somerville MA 02145

Real Estate Taxes10183

Tax Year2025

Assessed Value$933,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 65 Derby St, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 65 Derby St, Somerville MA 02145

Agent

Name: The Pezzano Group

Office

Name: Rise Signature Homes

Phone: 617-383-5659

Payment Calculator

, Interest

Property Taxes 848.58

Principal & Interest 6130.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rise Signature Homes

The Pezzano Group

Agent Phone

Office Phone

(617) 383-5659

Text Agent Call Agent Call Office

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    [description] => Exceptional opportunity to own one of the best-priced two-family homes in Somerville, offering strong upside and expansion potential. This property features two oversized units with flexible layouts ideal for both investors and owner-occupants looking to build equity over time. Unit 1 spans two levels and includes 3 bedrooms and 2 full bathrooms, providing ample living space. Unit 2 offers a spacious layout with a living room, dining room, kitchen, and one bedroom on the main level, along with two additional bedrooms on the upper floor. A standout feature is the large carriage house/barn, presenting a variety of possibilities for additional income or future use, including potential ADU conversion (buyer to perform due diligence). Off-street parking adds to the property’s overall convenience. Located in the desirable Winter Hill neighborhood, just minutes to Sullivan Square, Assembly Row, and a wide range of restaurants and shops. Easy access to Boston makes this a prime location.
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    [unparsed] => 65 Derby St, Somerville MA 02145
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EXIT

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