$499,900
74 Derby St # 1
Salem, MA, 01970
Welcome to 74 Derby Street, Unit 1! This beautifully renovated condominium, located in the Derby Waterfront District, offers the perfect blend of character, style, and convenience, presenting much larger than its one-bedroom designation, with flexible living spaces throughout. The heart of the home is a stunning, well appointed kitchen, featuring stainless appliances, leathered granite counters, a charming banquet seating area, and an open-concept layout that flows seamlessly into a large living and entertaining space. The first-floor is also home to a nicely sized bedroom with generous closet space, which is complemented by an updated full bathroom and a modern office space. Downstairs, discover a substantial additional finished living area that offers incredible flexibility as a primary suite-style retreat, family room, guest space or home gym. Outside, enjoy a protected patio area with room for grilling and two parking spaces. This home puts the very best of Salem right outside your door—restaurants, shops, history, culture, waterfront, the Willows, and all the energy this vibrant city has to offer within a mile radius! Salem Ferry Landing is right around the corner and Collins Cove Beach is 1/2 mile stroll. A rare opportunity to own a spacious, stylish, and thoughtfully updated home in one of Salem’s most desirable locations: across from green space, on the bike path, with easy access at ALL times of the year and sneak peeks of the water in winter! Fun fact…Salem residents get reduced rates on the Ferry, and free access to the Salem Museums! Please text when emailing.
Property Details
Price:
$499,900
MLS #:
73574904
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Listed Date:
Sep 10, 2026
Finished Sq Ft:
1,400
Total Sq Ft:
1,400
Year Built:
1900
Schools
Elementary School:
Salem Schools
Middle School:
Salem Schools
High School:
Salem Schools
Interior
Above Grade Finished Area
1000
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Below Grade Finished Area
400
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Hardwood
Heating
Baseboard, Natural Gas
Interior Features
Open Floorplan, Lighting – Overhead, Decorative Molding, Office, Internet Available – Unknown
Laundry Features
Electric Dryer Hookup, Remodeled, Lighting – Overhead, In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Patio
Green Energy Efficient
Thermostat
Open Parking Spaces
2
Parking Features
Off Street, Tandem
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Shingle
Stories
2
Waterfront Features
Ocean, 3/10 to 1/2 Mile To Beach
Financial
HOA Fee
$250
HOA Fee Frequency
Monthly
HOA Includes
Water, Insurance, Maintenance Structure
Tax Year
2026
Taxes
$5,227
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
- Address74 Derby St # 1 Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 74 Derby St # 1 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $499,900 and features 1 beds, 1 baths, and has approximately 1,400 square feet of living space, and was originally constructed in 1900. The current price per square foot is $357. 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#73574904 at 74 Derby St # 1 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Churchill Properties. 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.
74 Derby St # 1
Salem, MA








































