Two-Unit Residential
39 Derby St Somerville, MA 02145
39 Derby St, Somerville, MA, 02145
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Somerville, MA
Property Size3,426 SF
Lot Size0.09 Acres
Price / SF$350.26
Days on Market46
Property Features for 39 Derby St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NR
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3
- Parking
- 8
- Standard status
- Active
- APN
- 757533
- Size
- 3,426 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10266
Building Details
- Year built
- 1920
- Floors in Building
- 4
- Number of units
- 2
Listing Agency
Keller Williams Realty Boston Northwest
(781) 862-2800
1 Militia Drive, Ste. 204, Concord, MA
Listed by
Christina Hill
(978) 369-5775
Added: Jun 4 Checked: Jul 19 at 11:06 pm
MLS# 73529871
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit residential duplex includes a first-floor and second-floor layout with separate living configurations. The first-floor unit has two bedrooms with a kitchen and bathroom, and the second-floor unit has four bedrooms, a spacious kitchen, and a bathroom. Both units have access to a large basement area with laundry. Heating is provided by two oil furnaces with forced hot air, supported by two gas hot water heaters. The property also features two separate electric meters with 100 amps each, supporting independent utility setups. Outdoors, the home includes two patios and private parking for approximately 6–7 cars, along with room for storage and day-to-day function in the basement.
Located in Somerville, the home offers convenient access to major transit and commuter routes. The remarks cite easy access to I-93 and the Green/Orange line, with walkable proximity to Foss Park, Sullivan T- station, Gilman Square, and Assembly Row. The property is sited on a small lot size of 0.0861 acres under zoning identified as NR.
For buyers looking for a renovation or value-add project, this duplex is described as ready for cosmetic updates while retaining a straightforward two-unit structure. The separate metering and independent heating equipment can support operational flexibility for an owner-occupant or investor, while the combination of patios and on-site parking adds practical appeal for tenants.
Located in Somerville, the home offers convenient access to major transit and commuter routes. The remarks cite easy access to I-93 and the Green/Orange line, with walkable proximity to Foss Park, Sullivan T- station, Gilman Square, and Assembly Row. The property is sited on a small lot size of 0.0861 acres under zoning identified as NR.
For buyers looking for a renovation or value-add project, this duplex is described as ready for cosmetic updates while retaining a straightforward two-unit structure. The separate metering and independent heating equipment can support operational flexibility for an owner-occupant or investor, while the combination of patios and on-site parking adds practical appeal for tenants.
Key Highlights
- 1920‑built 2‑family home with 6 bedrooms total across two units
- Second‑floor unit: 4 bedrooms, spacious kitchen and bathroom
- First‑floor unit: 2 bedrooms, kitchen and bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.9k | $31.80 |
| − Vacancy | −$5.4k | −$1.57 |
| EGI | $103.6k | $30.23 |
| − OpEx | −$31.1k | −$9.07 |
| NOI | $72.5k | $21.16 |
3,426 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.2K – $1.21M
NOI $72,495 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$973.8K
$852.1K – $1.14M
NOI $68,166 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,973 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two separate units, private patios, basement laundry, and dedicated utility meters.
Where is this duplex located?
The property is located at 39 Derby St Somerville, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1920‑built 2‑family home with 6 bedrooms total across two units; Second‑floor unit: 4 bedrooms, spacious kitchen and bathroom; First‑floor unit: 2 bedrooms, kitchen and bathroom
