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41 Derby St — Photo 11 / 20

$1,888,888

Active

41 Derby St

Somerville, MA 02145

2,725Sq Ft
$693$/Sq Ft
0Lot
1915Built
54Days on Market

Listed by J. Lucky Henry at Henry RE

Listing courtesy of J. Lucky Henry, Henry RE

About This Property

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

Key Facts

Property Type

Multi Family

Year Built

1915

Living Area

2,725 sqft

Lot Size

0

Construction

Basement

Full Basement

Parking Spaces

4

Garage Spaces

2

Financial

Taxes (9999)

$99,999,999/yr

Price / Sqft

$693/sqft

MLS #

73493783

Days on Market

54

Price History

Listed

Mar 31, 2026

$1,888,888

No price changes recorded.

Explore the Neighborhood

Schools Nearby

Somerville Public Schools

11 schools · 11:1 student-teacher ratio

A-6/10

Elementary Schools

John F. Kennedy School (PK-8)6/10
Dr. Albert F. Argenziano School at Lincoln Park (PK-8)5/10
Arthur D. Healey School (PK-8)5/10

High Schools

Somerville High School (9-12)6/10
14 Career and Technical Education (CTE) programs at SHSCTE pathways: Advanced Manufacturing, Automotive, Cosmetology, Culinary, Dental, Electrical, HVAC, Plumbing, and moreCollege articulation agreements for CTE studentsBrand-new state-of-the-art high school facility

Ratings from GreatSchools & Niche

Full school details →
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Listing Courtesy Of

J. Lucky Henry · Henry RE
(781) 300-1122

MLS #73493783

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated May 24, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

Home Value