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131 Derby St. 3RSalem, MA 01970

For Sale

$479,900

Smart Buyer Rebate - Ask

Step into quintessential Salem living at this bright and airy third-floor condo. Perched on historic Derby Street, this home blends classic charm with modern convenience. Sunlight streams through the windows, illuminating the 9-foot ceilings and open-concept layout. Glimpses of Salem Harbor add a touch of coastal magic. The inviting living room flows into a stunning kitchen with granite countertops, a center island, and stainless-steel appliances. This home offers two spacious bedrooms and a full bath. Enjoy the convenience of in-unit laundry, a covered porch, and a dedicated covered tandem parking space. The included heat in your condo fee adds to the appeal. Situated in the heart of Salem, you're just steps from the vibrant waterfront, renowned museums, eclectic restaurants, and unique shops. Commuting is a breeze with access to the MBTA commuter rail and Boston ferry. The sale is contingent on the seller purchasing an identified property. Please do not park in the driveway.

Listed by Lisa Biggar

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LAER Realty Partners

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978-578-0023

Last updated October 23, 2025

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Source: MLSPin #73426469

Listing Facts

  • TypeCondo
  • NeighborhoodWaterfront District
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu50
  • HOA/Maint. Fees$375/month
  • Taxes$4,974/year
  • Size823 sqft
  • Price per sqft$583

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Listed by LAER Realty Partners
$479,900

Property Details for 131 Derby St. 3R

Association

Amenities

  • Community Features: Shopping, Park
  • Pets Allowed: Yes

Fees

  • Association Fee: $375.00 Monthly
  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Snow Removal

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Garden, Mid-Rise
  • Window Features: Insulated Windows
  • Year Built: 1900
  • Year Built Details: Approximate
  • Construction Materials: Frame
  • Entry Level: 3
  • Entry Location: Unit Placement(Upper)
  • Exterior Features: Porch

Features

  • Patio And Porch Features: Porch

Measurements

  • Building Area Total: 823
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 4541900
  • Tax Annual Amount: $4,974.00
  • Tax Assessed Value: $438,600.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Wood

Measurements

  • Living Area: 823
  • Living Area Source: Public Record

Rooms

  • Basement: Y
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

General

  • Exclusions: All Sellers Personal Property

Parking

Parking

  • Carport: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Detached, Carport, Off Street, Tandem, Deeded, Paved
  • Parking Total: 2

Utilities

Equipment

  • Electric: Circuit Breakers
  • Heating: Central, Baseboard, Natural Gas, Common
  • Has Heating: Yes
  • Laundry Features: Third Floor, In Unit, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Gas Oven, Washer Hookup
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.