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INVESTMENT SNAPSHOT
About this property
Rarely Available Decker Style 3 Family in Somerville. Attention Buyers / Investors. Don't miss out on this one. Endless income potential. All separate systems with coin-op laundry in basement. Flat roof and vinyl siding. Property has 3 off street parking spots and located close to bus lines, T Station, Route 93 and Boston.
Property details
| Units | 3 |
| Living area | 3,609 sqft |
| Lot size | 3,200 sqft |
| Year built | 1920 |
| Price / sqft | $416 |
| County | Middlesex |
| MLS # | 73486615 |
Listing status
| Days on market | 51 days |
| Listed on | March 13, 2026 |
Taxes & financials
| Annual property tax | $13,376 |
| Tax year | 2026 |
| Assessed value | $12,226 |
| Zoning | RES |
| Gross income (actual) | $65,700/yr |
| Net operating income (actual) | $65,700/yr |
| Total actual rent | $5,475/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone |
| Roof | Rubber |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Somerville →
Listing courtesy of Mass Property LLC — Tyrone Davis. 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 2-4 Derby St, Somerville MA 02145 have?
It is a 3-unit multi-family property with 3,609 sqft of living area, built in 1920.
How long has 2-4 Derby St, Somerville MA 02145 been on the market?
2-4 Derby St, Somerville MA 02145 has been listed for 51 days (since March 13, 2026).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 4.8%, with a Signal Score of 84/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,499,999 across 3 units, that works out to roughly $500,000 per unit.
What are the property taxes on 2-4 Derby St, Somerville MA 02145?
Annual property taxes are $13,376 (2026), on an assessed value of $12,226.
What is the price per square foot?
At $1,499,999 for 3,609 sqft, that's about $416 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street).
Where is this property located?
2-4 Derby St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
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