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.
- Basement:
- Full, Partially Finished
- Parking:
- Tandem, Off Street, Paved, Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking:
- 2
- Lead Paint:
- Unknown
- Parking Spaces:
- 6
- Tax Year:
- 9999
- Status:
- Active
- Price Per Sqft:
- $693
- Zoning:
- 9999999999
- No Units:
- 3
- Orig Price:
- $1,888,888
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02145
- Longitude:
- W72° 54' 36.3''
- Latitude:
- N42° 23' 38.8''
Residential Income
41 Derby St, Somerville, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,888,888
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 2,725 Sqft
- Year Built :
- 1915
- Listing ID :
- 73493783
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com