41 Derby St, Somerville MA 02145
Somerville, MA 02145
$1,888,888
$1,750,000
Est. $8,342,382/month
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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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
7.4%
Price Range
Property Timeline
Price Reduced
Jun 8, 2026
$1,750,000
$138,888
(-7.35%)
From $1,888,888 to $1,750,000 (-7.3%)
Listed for Sale
Mar 31, 2026
$1,750,000
Original listing
Agent: J. Lucky Henry
Office: Henry RE
Listed for Sale
Mar 31, 2026
$1,888,888
Original listing
Agent: J. Lucky Henry
Office: Henry RE
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/08/2026 | ↓ Price Reduced | $1,750,000 | $138,888 | - | From $1,888,888 to $1,750,000 (-7.3%) |
| 03/31/2026 | 🏠 Listed for Sale | $1,750,000 | - | - | Original listing |
| 03/31/2026 | 🏠 Listed for Sale | $1,888,888 | - | - | Original listing |
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
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
Investment Metrics
Units
3
Unit 1 Rent
— · Y
Unit 2 Rent
— · Y
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Three Separately Deeded Units. Also Being Offered Individually For Sale.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
97 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,995 sq ft above grade
730 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
Nearby Schools
School information not available for this location.
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
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.
Location
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Neighborhood
41 Derby St, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
J. Lucky Henry
Listing Office
Henry RE
Office Phone
781-300-1122
Agent MLS ID
CN223845
Office MLS ID
AN8759
Listing Data Updated
Jul 10, 2026 3:05 AM EDT
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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