Open House Jul 20, 2025
12:00 – 01:30
Open House Jul 21, 2025
04:30 – 06:00
Open House Jul 19, 2025
12:00 – 01:30
Welcome to 114 Derby Street Unit 2, a beautifully renovated 2-bed, 2.5-bath condo in one of Salem’s most desirable waterfront neighborhoods. Located in a restored Federal-style mansion, this home offers stylish single-level living with a perfect mix of modern finishes and historic charm. The open-concept layout features a sleek kitchen with quartz countertops and stainless appliances, flowing into a comfortable living and dining space with a cozy gas fireplace. Central A/C ensures year-round comfort. The spacious primary suite includes a walk-in closet and a well-appointed en suite bath. A second bedroom, full guest bath, and half bath offer great flexibility. Front and rear private entrances add convenience, and there’s just enough outdoor space for a grill or bistro table. A spacious unfinished basement offers excellent storage and future living space. Enjoy vibrant, historic Salem in your own backyard—Showings begin at the open house. See offer instructions.

Property Details

Price:
$799,900
MLS #:
73405795
Status:
Active
Beds:
2
Baths:
2.5
Address:
114 Derby St # 2
Type:
Condo
Subtype:
Condominium
City:
Salem
Listed Date:
Jul 17, 2025
State:
MA
Finished Sq Ft:
1,342
Total Sq Ft:
1,342
ZIP:
01970
Lot Size:
12,589 sqft / 0.29 acres (approx)
Year Built:
1950

Schools

High School:
Shs

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
In Unit

Exterior

Community Features
Public Transportation, Shopping
Construction Materials
Brick
Exterior Features
Deck
Parking Features
Off Street, Deeded
Parking Spots
1

Financial

HOA Fee
$331
HOA Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Tax Year
2025
Taxes
$8,546

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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114 Derby St # 2
Salem, MA