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41 Derby St, Somerville, MA 02145

$1,750,000
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Active
BEDS9 BATHS6 full SQUARE FEET2,725 MLS#73493783
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

41 Derby St | MLS# 73493783

This multi-family property located at 41 Derby St, Somerville, MA 02145 is currently listed for sale with an asking price of $1,750,000. Search Somerville real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished
Garage: 2
Stories: 4.0
Taxes: $99,999,999
Year Built: 1915

Feature Descriptions

Building Area Total: 2725
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 115
Dwelling Type: 3 Family
GarageY/N: Yes
Open Parking Y/N: Yes
Parcel Number: 4728651
Parking Features: Paved Drive, Off Street, Tandem, Paved
Parking Total: 6
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: Henry RE
Agent Name: J. Lucky Henry
Agency Phone: 781-300-1122

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Estimated Payment

$ 8,337,738.41 per month $3,894.74 Principal & Interest $8,333,333.25 Property Tax $510.42 Homeowner's Insurance

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