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.
This home has been viewed 9 times
Last Checked: August 1st, 2026 at 4:29am (Source: MLS PIN #73493783)
Gross Income: $0
Gross Expenses: $99,999,999
Net Income Calc: $99,999,999
Annual Expenses for 41 Derby St, Somerville MA 02145
Total Gross Expenses (Calculated)$99,999,999/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax99999999
Annual Income & Unit Breakdown for 41 Derby St, Somerville MA 02145
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
General Information for 41 Derby St, Somerville MA 02145
Listing ID73493783
Property TypeMulti Family / 3 Family
Price1750000 ($642.2/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2725
Approximate Lot Size (Acres)0
Total Parking8 (2 Garage)
Garage Parking2
Year Built1915
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning9999999999
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 41 Derby St, Somerville MA 02145
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
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 41 Derby St, Somerville MA 02145
Real Estate Taxes99999999
Tax Year9999
Assessed Value$999,999,999
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 41 Derby St, Somerville MA 02145
Neighborhood(s)
Area Amenities
Contact Information for 41 Derby St, Somerville MA 02145