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!
| Units | 1 |
| Living area | 3,426 sqft |
| Lot size | 3,750 sqft |
| Year built | 1920 |
| Price / sqft | $350 |
| County | Middlesex |
| MLS # | 73529871 |
| Days on market | 4 days |
| Listed on | June 4, 2026 |
| Annual property tax | $10,266 |
| Tax year | 2026 |
| Assessed value | $935,000 |
| Zoning | NR |
| Total actual rent | $0/mo |
| 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 |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
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Listing courtesy of Keller Williams Realty Boston Northwest — Preeti Walhekar. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 1-unit multi-family property with 3,426 sqft of living area, built in 1920.
39 Derby St, Somerville MA 02145 has been listed for 4 days (since June 4, 2026).
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.
At a list price of $1,200,000 across 1 units, that works out to roughly $1,200,000 per unit.
Annual property taxes are $10,266 (2026), on an assessed value of $935,000.
At $1,200,000 for 3,426 sqft, that's about $350 per square foot.
8 total parking spaces.
39 Derby St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.