MLS #73481755 image #0
Open House Mar 08, 2026
12:30 – 02:00
Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.
Current real estate data for Condo in Salem as of Mar 07, 2026
61
Condo Listed
87
Avg DOM
467
Avg $ / SqFt
$545,294
Avg List Price

Property Details

Price:
$610,000
MLS #:
73481755
Status:
Active
Beds:
1
Baths:
1.5
Type:
Condo
Subtype:
Condominium
Listed Date:
Mar 3, 2026
Finished Sq Ft:
1,151
Total Sq Ft:
1,151
Lot Size:
39,648 sqft / 0.91 acres (approx)
Year Built:
2004
WaterfrontParking TotalThe Salem Waterfront Hotel And SuitesYes W/ Restrictions

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air, Unit Control
Fireplaces Total
1
Flooring
Carpet, Marble, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup

Exterior

Association Amenities
Pool, Elevator(s)
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School, T-Station, University
Parking Features
Off Street, Assigned
Parking Spots
1
Security Features
Intercom

Financial

HOA Fee
$516
HOA Frequency
Monthly
HOA Includes
Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2026
Taxes
$6,305

Map

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Property Summary

    225 Derby St # 503 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $610,000 and features 1 beds, 2 baths, and has approximately 1,151 square feet of living space, and was originally constructed in 2004. The current price per square foot is $530. The average price per square foot for Condo listings in Salem is $467. The average listing price for Condo in Salem is $545,294. To schedule a showing of MLS#73481755 at 225 Derby St # 503 in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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.,…

More About James
225 Derby St # 503
Salem, MA