43-45 Derby Street, Somerville MA 02145

Somerville, MA 02145 • Winter Hill
$1,799,000
Est. $9,575/month
10
Beds
4
Baths
3,322
Sq Ft
$542
Price/Sq Ft
0.08
Acres
1910
Year Built
3 Family
Type
63
Days on Market
Pending Price Drop -$30,000 Listed Sep 26, 2025 • MLS# 73389913

About this home

Introducing 45 Derby Street, a beautifully maintained and fully updated three-family property located in the heart of Somerville’s desirable Winter Hill neighborhood. This turn-key asset features two spacious 4-bedroom units and one well-appointed 2-bedroom unit, all offering condo-quality finishes and thoughtful layouts ideal for both investors and owner-occupants. Each unit boasts modern kitchens, in-unit laundry, and high-end finishes throughout. Tenants will appreciate the added convenience of off-street parking, including a garage, and a location that offers easy access to Assembly Row, public transit, and downtown Boston. Whether you're looking for strong rental income or a multigenerational living opportunity, 45 Derby Street delivers the perfect blend of quality, location, and long-term value. Don't miss this opportunity to own a premier multifamily property in one of Greater Boston’s most dynamic neighborhoods.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
10
Full Bathrooms
3
Half Bathrooms
2
Living Area
3,322 sq ft
Total Rooms
22
Stories
3
Levels
3

Interior Features

Flooring
Other
Has Fireplace
No

Exterior & Structure

Construction Materials
See Remarks
Roof
Other
Foundation
Other
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,700 sq ft
Lot Size Area
0.0800
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Energy Efficient Features
Other (See Remarks)

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9
Tax Year
2024
Tax Assessed Value
$9
Zoning
9

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Rent listed below is based on proposed increases for the 9/1 schedule. Unit 1 and Unit 3 have already signed renewals at this rate. Current rent is listed in the attached rent roll.

Location

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Neighborhood

Winter Hill

43-45 Derby Street, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jun 12, 2025
$1,799,000
Original listing
Agent: Daniel Alper Office: Boston Realty Advisors

Price & Status History

Date Event Price Change
Jun 12, 2025 New Listing Added $1,799,000

Market Statistics

Days on Market
63 days
Price per Sq Ft
$542
Total Price Drop
-$30,000

Tax History

Year Taxes Assessment
2024 $9 $9

Financial Details

Annual Property Tax
$9
Tax Year 2024
Assessed Value
$9

Listing Information

Listing Agent Daniel Alper
Listing Office Boston Realty Advisors
Agent MLS ID CN254381
Office MLS ID AN8461

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