41 Derby St, Somerville, MA 02145
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$1,888,888
3 Unit
9 Beds
6 Baths
2725 SQFT
0.00 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Basement Features: Full, Partially Finished

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73493783
  • Last Updated: 04/04/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/04/2026Active$1,888,888$693MLSPIN
03/31/2026New$1,888,888$693MLSPIN
04/18/2023Canceled$699,900$667MLSPIN
04/18/2023Canceled$700,000$368MLSPIN
04/01/2023Active$700,000$368MLSPIN
04/01/2023Active$699,900$667MLSPIN
03/28/2023New$699,900$667MLSPIN
03/28/2023New$700,000$368MLSPIN

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Seller's Representative: J. Lucky Henry, Henry RE
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-04 03:05:00

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