41 Derby St Unit 1 Somerville, MA 02145
Ten Hills NeighborhoodEstimated payment $10,477/month
Highlights
- Tandem Parking
- 2 Car Garage
- 3-minute walk to Foss Park
- Somerville High School Rated A-
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.
Listing Agent
J. Lucky Henry
Henry RE Listed on: 03/31/2026
Co-Listing Agent
Mamady Tonguino
Henry RE
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Parking
- 2 Car Garage
- Tandem Parking
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- Property has 2 Levels
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 4728651
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,368 | $583,700 | $0 | $583,700 |
| 2024 | $4,502 | $427,900 | $0 | $427,900 |
| 2023 | $4,368 | $422,400 | $0 | $422,400 |
| 2022 | $4,139 | $406,600 | $0 | $406,600 |
| 2021 | $4,056 | $398,000 | $0 | $398,000 |
| 2020 | $3,888 | $385,300 | $0 | $385,300 |
| 2019 | $4,019 | $373,500 | $0 | $373,500 |
| 2018 | $3,931 | $347,600 | $0 | $347,600 |
| 2017 | $3,352 | $287,200 | $0 | $287,200 |
| 2016 | $3,235 | $258,200 | $0 | $258,200 |
| 2015 | $2,883 | $228,600 | $0 | $228,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $1,888,888 | +136.4% | $693 / Sq Ft |
| 03/24/2026 03/24/26 | Price Changed | $799,000 | -3.2% | $448 / Sq Ft |
| 03/08/2026 03/08/26 | For Sale | $825,000 | -- | $462 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $479,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
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Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $579,000 | Purchase Money Mortgage | |
| Previous Owner | $932,000 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73493783
APN: SOME-69 H 27
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Ask me questions while you tour the home.