Renaissance Condo At 131 Derby Street

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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.

More Info

Basic Information

  • Bedrooms2
  • Mls StatusNew
  • Bathroom1
  • Listing Terms Contract
  • Parcel Number M:0041 B:0316 L:0802,4542035
  • Unit Number1R

Tax Information

  • Tax Assessed Value $439,500
  • Tax Year 2026
  • Taxes$4,738

Parking

  • Parking Spaces
  • Open Parking YN Yes
  • Parking Features On Street

Rooms

  • Bathroom 1 First
  • Bathrooms Total Decimal 1
  • Bedroom 2 First
  • Full Bath1
  • Kitchen First
  • Living Room First
  • Master Bedroom First

Basic Information

  • List Price$469,900
  • MLS Number73579110
  • Modification Date09/18/2026
  • Property SubTypeCondominium
  • Virtual TourView Tour

Location

  • SubdivisionRenaissance Condo At 131 Derby Street
  • Address131 Derby Street
  • Building Number131
  • CountyEssex
  • StateMA
  • StreetDerby Street
  • TownSalem
  • Zip01970

Building

  • BasementY
  • Building Area Units Square Feet
  • Entry Level 1
  • Patio And Porch Features Porch
  • Property NameRenaissance Condo At 131 Derby Street
  • Rooms4
  • Stories1
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.23
  • Entry Location Unit Placement(Back)

Interior

  • Flooring Tile, Hardwood
  • Interior Features Internet Available - Unknown

Exterior

  • Exterior Features Porch
  • RoofRubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet813
  • Building Area Source Public Records
  • Living Area 813
  • Lot Size Square Feet 10,088
  • Lot Size Units Acres
  • Structure Type Garden

Amenities

  • Amenities
    • House of Worship
    • Marina
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement
  • PetsYes

Water Body

  • Waterfront Features Harbor, Ocean

Other

  • Association Fee $375
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Heat
    • Insurance
    • Maintenance Grounds
    • Maintenance Structure
    • Sewer
    • Snow Removal
    • Trash
    • Water
  • Date Listed09/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Rita Patriarca of RE/MAX Encore

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