131 Derby St
Salem, MA, 01970
$499,900
Experience effortless downtown living at 131 Derby St, Unit 3-Front, ideally located in the heart of Salem’s iconic waterfront district. This stylish 2-bedroom condo places you moments from the Salem Maritime Historic Site, Pickering Wharf, PEM, fine dining, shops, taverns,The Common, and commuter options- the ferry and rail to Boston. Thoughtfully maintained, the home offers a bright open layout w/ 9’ ceilings, hardwood floors, granite countertops, stainless steel appliances including a new dishwasher, and a generous kitchen island w/ seating for 3-4. Enjoy the rare luxury of your own private covered deck-perfect for relaxing, entertaining, or electric grilling. Additional highlights include in-unit laundry, custom Hunter Douglas blinds w/ blackout shades in the primary bedroom, & exceptional storage w/ an oversized basement space. 2-car tandem covered parking adds unbeatable convenience rarely found downtown. Pet-friendly building. Fully renovated in 2005 and truly move-in ready.
Property Details
Price:
$499,900
MLS #:
73470335
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Listed Date:
Jan 21, 2026
Finished Sq Ft:
800
Total Sq Ft:
800
Lot Size:
10,088 sqft / 0.23 acres (approx)
Year Built:
1912
Schools
Interior
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Baseboard, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Deck
Parking Features
Detached, Carport, Assigned, Off Street, Tandem, Paved, Exclusive Parking
Parking Spots
2
Roof
Rubber
Security Features
Intercom
Financial
HOA Fee
$375
HOA Frequency
Monthly
HOA Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Tax Year
2025
Taxes
$4,825
Map
Contact Us
Mortgage Calculator
Community
- Address131 Derby St Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Property Summary
- 131 Derby St Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $499,900 and features 2 beds, 1 baths, and has approximately 800 square feet of living space, and was originally constructed in 1912. The current price per square foot is $625. The average price per square foot for Condo listings in Salem is $442. The average listing price for Condo in Salem is $542,110. To schedule a showing of MLS#73470335 at 131 Derby St in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
Similar Listings Nearby
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.,…
More About JamesCourtesy of J. Barrett & Company. 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
Salem, MA