43-45 Derby Street, Somerville, MA 02145

$1,829,000 - Winter Hill

Search Again

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 #: 73389913

Map of 43-45 Derby Street, Somerville, MA 02145

43-45 Derby Street, Winter Hill, Somerville, MA 02145
43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145
43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145
43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, Somerville, MA 02145 43-45 Derby Street, Winter Hill, 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