Live your best life in the heart of Salem’s vibrant & historic Derby St neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive access to your own private covered deck, perfect for relaxing, entertaining, or grilling w/ an electric setup. Inside, the open-concept features 9' ceilings, hardwood flrs, granite counters, SS appliances (incl. new DW), a kitchen island that seats 3–4, in-unit laundry. Custom Hunter Douglas blinds, including blackout blinds in the primary BR. Two-car tandem covered parking & a rare, oversized storage space in the basement provide the convenience most downtown homes can't offer. Pet-friendly building. Completely renovated in 2005 & move-in ready! Seller will pay 1 yr of condo fees upfront if UAG by 9/30
Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Features
Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.23 acres
Lot Size
10,088 sq ft
Lot Size Area
0.2300
Parking & Garage
Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
Yes
Parking Features
Detached, Carport, Assigned, Off Street, Tandem, Paved, Exclusive Parking
Covered Parking Spaces
2
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,825
Tax Year
2025
Tax Assessed Value
$425,500
Parcel Number
M:41 L:0316 S:805,4542035
Zoning
B1
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Renaissance Condominium At 131 Derby St
Disclosures
Seller/seller's agents make no warranties/representations, buyer/buyer's agent to do own due diligence. Sold AS-IS Condition. Appliances left as gifts. Rm size approximate. Yr built listed as 1912 based on Historic Salem Inc. plaque on property, public record reflects 1900. Condo fee includes heat.
Exclusions
Electric Grill On Deck
Listing Terms
Contract
Location
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Neighborhood
131 Derby St # 3F, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$402
Homeowners Insurance$200
HOA Fee$300
PMI$0
Property History
Property Timeline
🏠
Listed for Sale
Aug 20, 2025
$534,900
Original listing
Agent: The Lopes GroupOffice: J. Barrett & Company
