Active

123 Days on market

39 Derby St Somerville — Photo 1 of 38

Recent Drop: $150,000

$1,200,000

$1,050,000

Investment Analysis — 39 Derby St

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02145 carries an estimated $7,790/mo in gross rent — about a 5.79% cap rate and $60,779/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,426

Style

2 Family - 2 Units Up/Down

Built

1920

NEW IMPROVED PRICE - LOCATION LOCATION LOCATION! Opportunity awaits in one of the most desirable, sought-after & rarely available streets of Somerville! While this generous 2 family home - 6-bedroom property is ready for cosmetic updates, Spacious rooms and a picturesque setting provide the perfect canvas for renovation and customization. Whether you're a homeowner seeking to build equity or an investor looking for your next project, this property presents a rare opportunity to transform a well located home to a stunning showpiece. The second-floor unit has 4 bedrooms, spacious kitchen and bathroom & the first floor has 2 bedrooms, kitchen and a bathroom, large basement, 2 amazing patios, private parking for 6-7 cars. 2 Gas hot water heaters, 2 Oil Furnaces w/ Forced Hot Air Heating, 2 Separate Electric meters with 100 amps. Laundry in the basement. unparalleled convenience with easy access to I-93 and the Green/Orange line, Short walk to Foss Park, Sullivan T- station, Gilman Square and Assembly Row!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.