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131 Derby St # 1R, Salem MA 01970

$469,900

Estimated $3,290/month Calculator

Condo

2 Bedrooms

Baths

813

Total Parking: 0

Built in 1900

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.

This home has been viewed 4 times

Last Checked: September 19th, 2026 at 7:38am (Source: MLS PIN #73579110)

Air Conditioning

Lead Paint Free

General Information for 131 Derby St # 1R, Salem MA 01970

Listing ID73579110

Property TypeCondominium

Price469900 ($577.98/SqFt)

Building Style2/3 Family

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Total Parking0

Unit Level1

Levels in Unit1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

Building Construction StatusReady for Occupancy

ZoningB1

Unit Features for 131 Derby St # 1R, Salem MA 01970

Approximate Living Area Total813

Living Area Includes BasementNo

Rooms4

Bedrooms2

Primary En Suite BathroomYes

BasementFull

Cooling1, Split

LaundryArchway

Fireplaces

Outdoor Space

FlooringTile

Electric

AppliancesRange

Condo Association Features for 131 Derby St # 1R, Salem MA 01970

Complex NameRenaissance Condo At 131 Derby Street

Pet PolicyNot Allowed

Building ManagementDeveloper Advisory Board

Building Construction StatusReady for Occupancy

Number of Units8

Year Built1900

Year Built DetailsApproximate

Year Built SourcePublic Records

WaterPublic

SewerPublic Sewer

Parking Features1

Building Amenities

Disclosures for 131 Derby St # 1R, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Special Listing Conditions

ExclusionsSee Broker

Compensation Based On

Documents Available

Financial Information for 131 Derby St # 1R, Salem MA 01970

Association Fee

Optional Fee0

Association Fee IncludesLandscaping

Optional Fee Includes

Association Fee FrequencyMonthly

Assessed Value$439,500

Real Estate Tax4738

Tax Year2026

Location Information for 131 Derby St # 1R, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 131 Derby St # 1R, Salem MA 01970

Agent

Name: Rita Patriarca

Office

Name: RE/MAX Encore

Phone: 978-988-0028

Payment Calculator

, Interest

Property Taxes 394.83

Principal & Interest 2895.37

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Encore

Rita Patriarca

Agent Phone

Office Phone

(978) 988-0028

Text Agent Call Agent Call Office

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EXIT

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