Welcome to Derby Street living in Historic Salem! This bright and airy third-floor condo features 9-foot ceilings, an open-concept living room and kitchen with granite counters, a center island, and stainless-steel appliances, plus two spacious bedrooms and a full bath. Sunlight fills the unit with glimpses of Salem Harbor from several windows, while standout amenities include two-car tandem covered parking, private basement storage, in-unit laundry, and a covered porch. The condo fee includes heat for added convenience. Close proximity to the waterfront, museums, restaurants, and shopping, and convenient to the MBTA commuter rail and Boston ferry, this home blends historic charm with modern living. Sale contingent on seller purchasing identified property; seller requests use & occupancy until no later than Nov. 15, 2025. Please do not park in the driveway.

Property Details

Price:
$479,900
MLS #:
73426469
Status:
Active
Beds:
2
Baths:
1
Address:
131 Derby St. # 3R
Type:
Condo
Subtype:
Condominium
City:
Salem
Listed Date:
Sep 4, 2025
State:
MA
Finished Sq Ft:
823
Total Sq Ft:
823
ZIP:
01970
Year Built:
1900

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Wood
Heating
Central, Baseboard, Natural Gas, Common
Laundry Features
Third Floor, In Unit, Washer Hookup

Exterior

Community Features
Shopping, Park
Construction Materials
Frame
Exterior Features
Porch
Parking Features
Detached, Carport, Off Street, Tandem, Deeded, Paved
Parking Spots
2
Roof
Rubber

Financial

HOA Fee
$300
HOA Frequency
Monthly
HOA Includes
Heat, Water, Sewer, Insurance, Security, Snow Removal
Tax Year
2025
Taxes
$4,974

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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. # 3R
Salem, MA