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$1,888,888

Active

41 Derby St

Somerville, MA, 02145

Multi-Family · MLS #73493783

Price/sqft

$693

Days on market

New today

Year built

1915

2,725 sq ft

Sq Ft

0.00 acres

Lot

1915

Year Built

2 car

Garage

Taxes: $99,999,999 (9999)

About this home

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

Basement
Full, Partially Finished

Listed by J. Lucky Henry · Henry RE

Schedule a showing

41 Derby St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,343,672 / month

Down payment20% · $377,778
Interest rate6.50%

Loan term

Principal & interest
$9,551
Property tax
$8,333,333
Home insurance
$787

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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