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
Price:
$1,888,888
MLS #:
73493783
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Mar 31, 2026
Finished Sq Ft:
2,725
Total Sq Ft:
2,725
Year Built:
1915
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
1995
Bathrooms
6 Full Bathrooms
Below Grade Finished Area
730
Levels
4
Exterior
Covered Spaces
2
Garage Spaces
2
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Tandem, Paved
Parking Spots
6
Parking Total
6
Stories
4
Financial
Tax Year
9999
Taxes
$99,999,999
Map
Community
- Address41 Derby St Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02145
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Apr 22, 2026
81
Multi Family Listed
123
Avg DOM
505
Avg $ / SqFt
$2,054,037
Avg List Price
Property Summary
- 41 Derby St Somerville MA is a Multi Family for sale in Somerville, MA, 02145. It is listed for $1,888,888 To schedule a showing of MLS#73493783 at 41 Derby St in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Engel & Volkers Boston. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
41 Derby St
Somerville, MA