$449,900
131 Derby St # 1R
Salem, MA, 01970
Location, location, location! This beautiful two-bedroom condo puts you right in the heart of historic downtown Salem, just steps from the Harbor, the House of the Seven Gables, the Peabody Essex Museum, fabulous restaurants, coffee shops, ice cream and gelato shops and an inviting mix of unique boutiques, specialty shops and local businesses. Enjoy the best of both worlds, where Salem’s rich history uniquely meets the energy and convenience of modern downtown living. Move-in ready and filled with charm, this inviting home features two bedrooms with ample closet space, a recently renovated full bath, and beautiful hardwood floors throughout. High ceilings add to the light and airy feel as well as the spacious, updated eat-in kitchen offering abundant cabinetry, granite countertops, stainless steel appliances, an island for additional prep space and a spot to enjoy a meal as well as an open flow into the living area. Additional amenities include a fire sprinkler system for added peace of mind, basement laundry and dedicated storage, plus the option for laundry hookups in the kitchen. Pets are welcome! The reasonable condo fee includes heat, water, and sewer, and convenient on-street permit parking is available for owners. You can sit out on the back deck and enjoy some peaceful time with a good book and a cup of coffee! With a quick closing possible, you could be enjoying everything downtown Salem has to offer in no time as well as be in your new home before the holidays!
Property Details
Price:
$449,900
MLS #:
73579110
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Listed Date:
Sep 17, 2026
Finished Sq Ft:
813
Total Sq Ft:
813
Lot Size:
10,088 sqft / 0.23 acres (approx)
Year Built:
1900
Schools
Interior
Above Grade Finished Area
813
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Baseboard, Natural Gas
Interior Features
Internet Available – Unknown
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement, In Building, In Unit
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station, University
Exterior Features
Porch
Open Parking YN
1
Parking Features
On Street
Patio And Porch Features
Porch
Roof
Rubber
Stories
1
Waterfront Features
Harbor, Ocean
Window Features
Insulated Windows
Financial
HOA Fee
$375
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Tax Year
2026
Taxes
$4,738
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…
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Map
Community
- Address131 Derby St # 1R Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 131 Derby St # 1R Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $449,900 and features 2 beds, 1 baths, and has approximately 813 square feet of living space, and was originally constructed in 1900. The current price per square foot is $553. The average price per square foot for Condo listings in Salem is $444. The average listing price for Condo in Salem is $564,983. To schedule a showing of MLS#73579110 at 131 Derby St # 1R in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of RE/MAX Encore. 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.
131 Derby St # 1R
Salem, MA