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131 Derby St. 3RSalem, MA 01970

For Sale

$479,900

Smart Buyer Rebate - Ask

Welcome to Derby Street living in Historic Salem! This bright and airy third-floor condo features 9-foot ceilings, an open-concept living room and kitchen with granite counters, center island, and stainless-steel appliances, plus two spacious bedrooms and a full bath. Sunlight fills the unit with glimpses of Salem Harbor from several windows, while standout amenities include two-car tandem covered parking, private basement storage, in-unit laundry, and a covered porch. The condo fee includes heat and hot water for added convenience. Close proximity to the waterfront, museums, restaurants, and shopping, and convenient to the MBTA commuter rail and Boston ferry, this home blends historic charm with modern living. Showings begin at the open house Friday, Sept. 5th, 5–7 PM; offers due Monday, Sept. 8th, by 5 PM. Sale contingent on seller purchasing identified property; seller requests use & occupancy until no later than Nov. 15, 2025..

Listed by Lisa Biggar

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LAER Realty Partners

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978-578-0023

Last updated September 05, 2025

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Source: MLSPin #73426469

Listing Facts

  • TypeCondo
  • NeighborhoodWaterfront District
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu1
  • HOA/Maint. Fees$300/month
  • Taxes$4,974/year
  • Size823 sqft
  • Price per sqft$583

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

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Listing History

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

Property Details for 131 Derby St. 3R

Association

Amenities

  • Association Amenities: Hot Water
  • Community Features: Shopping, Park
  • Pets Allowed: Yes

Fees

  • Association Fee: $300.00 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

  • 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, Common
  • Has Heating: Yes
  • Laundry Features: Third Floor, In Unit
  • Sewer: Public Sewer
  • 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.