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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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131 Derby St 1r , Salem, MA 01970
$469,900
Est. Payment: $1,044.22/mo
2 Bed
1 Bath
813 Sqft
Status: New | Days on site: 0
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B95079 - B9500799
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House Description

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! Any offers are due by September 22, 2026 at 5 pm.

Highlights

Listed by Rita Patriarca , 617-840-8326 RE/MAX Encore , 978-988-0028.

Property Type

Condo/Townhome

Lot/Acreage
0.23

HOA Fee

375 Monthly

Year Built

1900

County

Essex

Listing ID

73579110

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Hardwood
Other:
  • Additional:Internet Available - Unknown, Pets Allowed, Master on Main
Water:Public

Exterior Features

Lot:Harbor,Ocean
Garage Capacity:0
Zoning:B1
Roof:Rubber
Others:
  • Additional:Porch
Sewer:Public Sewer
Parking Features:On Street

Open House

Upcoming Open Houses
Saturday 11:30 am - 1:00 pm Sep 19
Sunday 11:00 am - 12:30 pm Sep 20
Principal Interest
$1,044
Taxes
$395
HOA
$375

Home Price

$469,900

Loan Details

30 yrs
%

Down Payment

20%
$93,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,044.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,044.22 $394.83 $375.00 $1,814.06
Yearly $12,530.67 $4,738.00 $4,500.00 $21,768.67
Total $375,920.00 $142,140.00 $135,000.00 $653,060.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salem, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.