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2 Beds
1 Bath
813 sqft

$449,900

131 Derby St # 1R, Salem MA, 01970

Price per sqft$553.38
Built in1900
Property size813 sqft
Property typeCondominium

Overview

Active

Listed Sep 17, 2026

Updated 2 days ago

Location, location, location! This beautiful two-bedroom condo puts you right in the heart of historic downtown Salem, just steps from the Harbor, the House of the Seven Gables, the Peabody Essex Museum, fabulous restaurants, coffee shops, ice cream and gelato shops and an inviting mix of unique boutiques, specialty shops and local businesses. Enjoy the best of both worlds, where Salem’s rich history uniquely meets the energy and convenience of modern downtown living. Move-in ready and filled with charm, this inviting home features two bedrooms with ample closet space, a recently renovated full bath, and beautiful hardwood floors throughout. High ceilings add to the light and airy feel as well as the spacious, updated eat-in kitchen offering abundant cabinetry, granite countertops, stainless steel appliances, an island for additional prep space and a spot to enjoy a meal as well as an open flow into the living area. Additional amenities include a fire sprinkler system for added peace of mind, basement laundry and dedicated storage, plus the option for laundry hookups in the kitchen. Pets are welcome! T he reasonable condo fee includes heat, water, and sewer, and convenient on-street permit parking is available for owners. With a quick closing possible, you could be enjoying everything downtown Salem has to offer just in time for the Halloween festivities!

$2,993/mo

Est. mortgage payment based on a $449,900 home price.

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

Additional information

MLS® ID
73579110

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$4,738
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes
55+/Senior Community
No

This listing is provided by Rita Patriarca with RE/MAX Encore

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Data last updated 3:47 AM UTC, 10/5/2026

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