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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 4728651

Tax Information

  • Tax Assessed Value $999,999,999
  • Tax Year 9999

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem, Paved
  • Parking Spaces6

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$1,888,888
  • MLS Number73493783
  • Modification Date04/04/2026
  • Property SubType3 Family

Location

  • Address41 Derby Street
  • Building Number41
  • CountyMiddlesex
  • StateMA
  • StreetDerby Street
  • TownSomerville
  • Zip02145

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • FoundationStone
  • Garage Spaces2
  • Levels 4
  • Rooms18
  • Stories4
  • Units3
  • Year Built1915
  • Year Built Details Approximate
  • Year Built Source Public Records

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,725
  • Lot Size Units Acres
  • Square Feet2,725

Amenities

  • Other AmenitiesBasement

Legal

  • Zoning9999999999

Other

  • Date Listed03/31/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by J. Lucky Henry of Henry RE

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