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225 Derby St Unit 503, Salem, MA

Salem · MA 01970

$610,000
Price
1
Beds
1.5
Baths
1151
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $516 / mo
HOA Fees Include
Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds, Flood Insurance, Management Fee
Special Assessment
Unknown
Floor: 5th floor
Accessibility: Elevator
Pets: Pets (Restrictions)
Parking: 1 Off Street Space
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Views: Harbor, Ocean, Public Views

About this home

Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.

Neighborhood & Transit

225 Derby St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.46 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
246 days
Listing Price:
$610,000
Price per Sq.Ft:
$530
Tax Assessment:
$580,100 in 2026
Taxes:
$525 / Monthly
HOA Fee:
$516 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
5th | Upper
Facing Direction
East
Views
Waterview, Waterfront
Elevator
Yes
Handicap Access
Yes

Interior Features

Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,151 Sq.Ft
Kitchen
Main Floor, Breakfast Bar, Gas Stove, Stainless Steel Appliances, Stone Countertops, Flooring - Hardwood, Dishwasher, Range, Garbage Disposal, Garbage Compactor, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Full Bathroom, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, En-suite bathroom
Laundry
In Unit
Living levels
1
Rooms
3
Above grade area
1151
Flooring
Wall to Wall Carpet, Marble, Hardwood
Lead paint
Unknown

Utilities

Heating Type
Forced Air, Gas
Heating Zone
Unknown
Cooling
Central Air, Unit Control
Cooling Zones
Unknown
Water
Individual Meter
Sewer
City/Town Sewer
Electric Features
Circuit Breakers

Exterior Features

Outdoor Space
Unknown
Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space, Off-Street, Assigned

Home Owner Association information

Restrictions
Unknown
HOA
$516 / Monthly
HOA Includes
Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds, Flood Insurance, Management Fee
Special Assessment
Unknown
Pets allowed
Yes w/ Restrictions
Pet restrictions
Other (See Remarks)
Security
Intercom
Association pool
Yes
Pool
Indoor

Room details

Living room level
First Floor
Living room dimensions
12X20
Living room features
Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floor Plan, Slider, Lighting - Overhead
Dining room level
First Floor
Dining room dimensions
12X20
Dining room features
Fireplace, Closet, Flooring - Hardwood, Window(s) - Picture, Slider
Kitchen dimensions
12X14
Primary bedroom dimensions
13X20
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2 level
First Floor
Bathroom 2 features
Bathroom - Half, Dryer Hookup - Electric, Washer Hookup

Listing information

Listing agent
Ed Abrams
Listing office
RE/MAX Real Estate Center
MLS PIN #
73481755

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