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125 Derby Street # D, Salem MA 01970

$549,500

Estimated $3,874/month Calculator

Condo

2 Bedrooms

Baths

1416

Total Parking: 0

Built in 1768

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.

This home has been viewed 13 times

Last Checked: June 27th, 2026 at 7:23am (Source: MLS PIN #73514238)

Air Conditioning

Waterview

Lead Paint Free

General Information for 125 Derby Street # D, Salem MA 01970

Listing ID73514238

Property TypeCondominium

Price549500 ($388.06/SqFt)

Building Style2/3 Family

CitySalem

CountyEssex

MLS AreaDowntown

Neighborhood(s)Ipswich

Total Parking0

Unit Level2

Levels in Unit2

Year Built1768

Year Built SourcePublic Records

Year Built DetailsActual

Building Construction StatusReady for Occupancy

ZoningB1

Unit Features for 125 Derby Street # D, Salem MA 01970

Approximate Living Area Total1416

Living Area Includes BasementNo

Rooms6

Bedrooms2

Primary En Suite BathroomYes

BasementFull

Cooling1, Split

LaundryArchway

Fireplaces

Outdoor SpaceNo

FlooringTile

Electric

AppliancesRange

Condo Association Features for 125 Derby Street # D, Salem MA 01970

Pet PolicyAllowed

Building ManagementDeveloper Advisory Board

Building Construction StatusReady for Occupancy

Number of Units4

Units Owner Occupied3

Year Built1768

Year Built DetailsActual

Year Built SourcePublic Records

WaterPublic

SewerPublic Sewer

Parking Features1

Building Amenities

Disclosures for 125 Derby Street # D, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Special Listing Conditions

ExclusionsFireplace Mantel In Living Room Is Excluded.

Owner Occupancy SourceAssociation

Compensation Based On

Documents AvailablePerc Test

Financial Information for 125 Derby Street # D, Salem MA 01970

Association Fee

Optional Fee0

Association Fee IncludesLandscaping

Optional Fee Includes

Association Fee FrequencyMonthly

Assessed Value$516,300

Real Estate Tax5855

Tax Year2025

Location Information for 125 Derby Street # D, Salem MA 01970

Elementary SchoolBentley

Middle SchoolCollins

High SchoolSalem

Neighborhood(s)Ipswich

MLS AreaDowntown

Area AmenitiesWalk/jog Trails

Contact Information for 125 Derby Street # D, Salem MA 01970

Agent

Name: Patrick Sargent

Office

Name: Herrick Lutts Realty Partners

Phone: 978-927-1959

Payment Calculator

, Interest

Property Taxes 487.92

Principal & Interest 3385.84

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Herrick Lutts Realty Partners

Patrick Sargent

Agent Phone

Office Phone

(978) 927-1959

Text Agent Call Agent Call Office

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    [description] => 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.
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EXIT

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