Live your best life in the heart of Salem’s vibrant & historic Derby St neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive access to your own private covered deck, perfect for relaxing, entertaining, or grilling w/ an electric setup. Inside, the open-concept features 9′ ceilings, hardwood flrs, granite counters, SS appliances (incl. new DW), a kitchen island that seats 3–4, in-unit laundry. Custom Hunter Douglas blinds, including blackout blinds in the primary BR. Two-car tandem covered parking & a rare, oversized storage space in the basement provide the convenience most downtown homes can’t offer. Pet-friendly building. Completely renovated in 2005 & move-in ready! Seller will pay 1 yr of condo fees upfront if UAG by 9/30

Property Details

Price:
$534,900
MLS #:
73419934
Status:
Active
Beds:
2
Baths:
1
Address:
131 Derby St # 3F
Type:
Condo
Subtype:
Condominium
City:
Salem
Listed Date:
Aug 20, 2025
State:
MA
Finished Sq Ft:
800
Total Sq Ft:
800
ZIP:
01970
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
Roof
Rubber
Security Features
Intercom

Financial

HOA Fee
$300
HOA Frequency
Monthly
HOA Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Tax Year
2025
Taxes
$4,825

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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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131 Derby St # 3F
Salem, MA