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2 Beds
2 Baths
1,416 sqft

$499,900

125 Derby Street # D, Salem MA, 01970

Price per sqft$353.04
Built in1768
Property size1,416 sqft
Property typeCondominium

Overview

Active

Listed Sep 9, 2026

Updated 2 weeks ago

Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home's early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today's lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem's rich history in one of its most sought-after locations.

$3,326/mo

Est. mortgage payment based on a $499,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73574145

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$5,855
Tax Frequency
Annually
Association Fee Frequency
Monthly
55+/Senior Community
No

This listing is provided by Patrick Sargent with Herrick Lutts Realty Partners

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Data last updated 12:22 PM UTC, 9/21/2026

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