About This Home
This 2-bedroom, 1-bathroom condo at 131 Derby St #1R in Salem, MA is listed for $449,900 ($553 per sqft). Built in 1900, the home offers 813 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1900
- 0.23 acre lot
Property Details
Amenities
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!
Monthly Cost Estimate
$2,781/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
131 Derby St #1R
Salem, MA 01970
Questions & Answers
This 2-bedroom, 1-bathroom condo at 131 Derby St is listed at $449,900 ($553/sqft). The estimated monthly payment is $2,781 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $375/month.
Key features include: Built in 1900, 0.23 acre lot.
This property is listed by Elaine Hoff and can be reached at (978) 988-0028.



