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INVESTMENT SNAPSHOT
About this property
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!
Property details
| Units | 2 |
| Living area | 3,426 sqft |
| Lot size | 3,750 sqft |
| Year built | 1920 |
| Price / sqft | $350 |
| County | Middlesex |
| MLS # | 73529871 |
Listing status
| Days on market | 33 days |
| Listed on | June 4, 2026 |
Taxes & financials
| Annual property tax | $10,266 |
| Tax year | 2026 |
| Assessed value | $935,000 |
| Zoning | NR |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 16 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Basement | Full, Partially Finished |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 39 Derby St, Somerville MA 02145 have?
It is a 2-unit multi-family property with 3,426 sqft of living area, built in 1920.
How long has 39 Derby St, Somerville MA 02145 been on the market?
39 Derby St, Somerville MA 02145 has been listed for 33 days (since June 4, 2026).
What is the estimated cap rate on this 2-family in Somerville?
Based on area median rents, the estimated cap rate is about 2.0%, with a Signal Score of 46/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,200,000 across 2 units, that works out to roughly $600,000 per unit.
What are the property taxes on 39 Derby St, Somerville MA 02145?
Annual property taxes are $10,266 (2026), on an assessed value of $935,000.
What is the price per square foot?
At $1,200,000 for 3,426 sqft, that's about $350 per square foot.
Is there parking?
8 total parking spaces.
Where is this property located?
39 Derby St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
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