Introducing 45 Derby Street, a beautifully maintained and fully updated three-family property located in the heart of Somerville’s desirable Winter Hill neighborhood. This turn-key asset features two spacious 4-bedroom units and one well-appointed 2-bedroom unit, all offering condo-quality finishes and thoughtful layouts ideal for both investors and owner-occupants. Each unit boasts modern kitchens, in-unit laundry, and high-end finishes throughout. Tenants will appreciate the added convenience of off-street parking, including a garage, and a location that offers easy access to Assembly Row, public transit, and downtown Boston. Whether you're looking for strong rental income or a multigenerational living opportunity, 45 Derby Street delivers the perfect blend of quality, location, and long-term value. Don't miss this opportunity to own a premier multifamily property in one of Greater Boston’s most dynamic neighborhoods.
— MLSPIN #: 73389913Map of 43-45 Derby Street, Somerville, MA 02145
List Price: | $1,829,000 |
---|---|
Status: | New |
MLS ID: | 73389913 |
Town: | Somerville |
Neighborhood: | Winter Hill |
County: | Middlesex |
Zip: | 02145 |
Property Type: | Residential Income |
Property Sub Type: | 3 Family |
Bedrooms: | 10 |
Full Baths: | 3 |
Half Baths: | 2 |
Living Area: | 3,322 sqft |
Acres: | 0.08 |
Taxes: | 9 |
Flooring: | Other |
Parking Features: | Paved Drive, Off Street |
Status: | Active |
Water Source: | Public |
Year Built: | 1910 |
Roof: | Other |
Directions: | Accessible via Broadway and Temple. |
Foundation Details: | Other |
Construction Materials: | See Remarks |
Listing Contract Date: | 2025-06-12 |
Garage?: | Yes |
Lot Size Area: | 0.08 |
Lot Size Square Feet: | 3,700 |
Rooms Total: | 22 |
Bathrooms Total Integer: | 5 |
Building Area Source: | Public Records |
Building Area Total: | 3,322 |
Fencing: | Fenced/Enclosed |
Levels: | 3 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 3 |
Open Parking?: | Yes |
Patio And Porch Features: | Porch |
Road Frontage Type: | Public |
Road Surface Type: | Paved |
Sewer: | Public Sewer |
Zoning: | 9 |
Covered Spaces: | 1 |
Garage Spaces: | 1 |
Green Energy Efficient: | Other (See Remarks) |
Stories Total: | 3 |
Year Built Source: | Public Records |
Disclosures: | Rent listed below is based on proposed increases for the 9/1 schedule. Current rent is listed in the attached rent roll. |
Farm Land Area Units: | Square Feet |
Gross Income: | $152,004 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | Yes |
Comp Based On: | Gross/Full Sale Price |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Flrs 3: | 3 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Lease 3: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $550.57 |
Page: | 9 |
Price Per Sqft: | $550.57 |
Square Feet Disclosures: | Total area is 5, 106 SF. Living area based on public record |
Square Feet Incl Base: | No |
Sub Agency Offered: | No |
Net Operating Income: | $152,004 |
Original List Price: | $1,829,000 |
Parking Total: | 3 |
Road Responsibility: | Public Maintained Road |
Tax Assessed Value: | $9 |
Tax Year: | 2024 |
Total Actual Rent: | $12,783 |
Year Built Details: | Approximate |
Bedrms 1: | 4 |
Bedrms 2: | 4 |
Bedrms 3: | 2 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
H Bths 1: | 1 |
H Bths 2: | 1 |
Rent1: | 4,554 |
Rent2: | 4,813 |
Rent3: | 3,416 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 14, 2025 02:55 PM
Property Last Updated: June 12, 2025 09:36 AM
Listing Courtesy of: Boston Realty Advisors
Listing Agent: Daniel Alper
617-768-7333