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.
| Units | 3 |
| Living area | 2,725 sqft |
| Lot size | 0 sqft |
| Year built | 1915 |
| Price / sqft | $693 |
| County | Middlesex |
| MLS # | 73493783 |
| Days on market | 4 days |
| Listed on | March 31, 2026 |
| Annual property tax | $99,999,999 |
| Tax year | 9999 |
| Assessed value | $999,999,999 |
| Zoning | 9999999999 |
| Total actual rent | $0/mo |
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0 acres |
| Garage spaces | 2 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Tandem, Paved |
| Basement | Full, Partially Finished |
| Foundation | Stone |
| Sewer | Public Sewer |
| Water | Public |
Listing courtesy of Henry RE — J. Lucky Henry. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 2,725 sqft of living area, built in 1915.
41 Derby St, Somerville MA 02145 has been listed for 4 days (since March 31, 2026).
Annual property taxes are $99,999,999 (9999), on an assessed value of $999,999,999.
At $1,888,888 for 2,725 sqft, that's about $693 per square foot.
2 garage spaces and 6 total parking spaces (paved drive, off street, tandem, paved).
41 Derby St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.