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41 Derby St, Somerville MA 02145

Somerville, MA 02145
$1,888,888
Est. $8,343,084/month
9
Beds
6
Baths
2,725
Sq Ft
$693
Price/Sq Ft
0.00
Acres
1915
Year Built
3 Family
Type
9 hours 32 minutes
Time on Market
Active Listed Mar 31, 2026 • MLS# 73493783 Copied!

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.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1915
Bedrooms
9
Full Bathrooms
6
Living Area
2,725 sq ft
Total Rooms
18
Stories
4
Levels
4

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1915
Living Area 2,725 sq ft
Lot Size 0.0000
Bedrooms 9
Full Baths 6
Total Rooms 18

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Partially Finished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $99,999,999
Assessed Value $999,999,999

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Tandem, Paved

Location

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Neighborhood

41 Derby St, Somerville MA 02145

Somerville, MA 02145

Walkability

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Nearby Schools

School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

9 schools
C+
Arthur D Healey School
0.4 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
0.5 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
0.6 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
1.1 mi
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
A
John F Kennedy School
1.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
Capuano Early Childhood Center
0.8 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.8 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.6 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.6 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.6 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $8,333,333
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 31, 2026
$1,888,888
Original listing
Agent: J. Lucky Henry Office: Henry RE

Price & Status History

Date Event Price Change
Mar 31, 2026 New Listing Added $1,888,888 —

Market Statistics

Time on Market
9 hours 32 minutes
Price per Sq Ft
$693

Tax History

Year Taxes Assessment
9999 $99,999,999 $999,999,999

Financial Details

Annual Property Tax
$99,999,999
Tax Year 9999
Assessed Value
$999,999,999

Listing Information

Listing Agent J. Lucky Henry
Listing Office Henry RE
Agent MLS ID CN223845
Office MLS ID AN8759
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

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