41 Derby St, Somerville, MA 02145
- $1,750,000
- 9
- BD
- 6
- BA
- 2,725
- SqFt
- List Price
- $1,750,000
- Price Change
- ▼ $138,888 1780969145
- Status
- ACTIVE
- MLS#
- 73493783
- Bedrooms
- 9
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 2,725
- Year Built
- 1915
Property Description
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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Additional Information
- Taxes
- $99,999,999
- Parking Description
- Paved Drive, Off Street, Tandem, Paved
- Water
- Public
- Sewer
- Public Sewer
- Basement Features
- Full, Partially Finished
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: J. Lucky Henry from Listing Office: Henry RE.
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