$499,900
125 Derby Street # D
Salem, MA, 01970
Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem’s Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home’s early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today’s lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem’s rich history in one of its most sought-after locations.
Property Details
Price:
$499,900
MLS #:
73574145
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
downtown
Listed Date:
Sep 9, 2026
Finished Sq Ft:
1,416
Total Sq Ft:
1,416
Year Built:
1768
Schools
Elementary School:
Bentley
Middle School:
Collins
High School:
Salem
Interior
Above Grade Finished Area
1416
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
4
Flooring
Carpet, Hardwood, Flooring – Wall to Wall Carpet
Heating
Oil, Fireplace(s)
Interior Features
Office
Laundry Features
Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Exterior
Common Walls
Corner
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, T-Station
Construction Materials
Stone
Exterior Features
Patio, Fenced Yard, Garden
Fencing
Fenced
Open Parking YN
1
Parking Features
On Street
Patio And Porch Features
Patio
Roof
Shingle, Rubber
Stories
2
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach
Financial
HOA Fee
$350
HOA Fee Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
Tax Year
2025
Taxes
$5,855
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Community
- Address125 Derby Street # D Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 125 Derby Street # D Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $499,900 and features 2 beds, 2 baths, and has approximately 1,416 square feet of living space, and was originally constructed in 1768. The current price per square foot is $353. The average price per square foot for Condo listings in Salem is $446. The average listing price for Condo in Salem is $562,983. To schedule a showing of MLS#73574145 at 125 Derby Street # D in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Herrick Lutts Realty Partners. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
125 Derby Street # D
Salem, MA