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5 Derby Sq Unit 1, Salem, MA

Salem · MA 01970

$495,000
Price
2
Beds
1.5
Baths
1754
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $490
Floor: 1st floor
Pets: Unknown
Parking: 1 Garage Space · 1 Off Street Space
Heating & cooling: Heat, AC
Laundry: Unknown

About this home

Located between Essex and Front St and adjacent to the Old Town Hall and Hotel Salem, this property screams city living. Step out your door and you'll immediately feel the energy of this great city. Built in 1817 and recorded in the National Register of Historic Places, this property was once a working tavern and even has the original bar and brass fixtures still in tact! This unit has a super unique floorplan. The main level is home to both of the spacious bedrooms and tastefully designed jack and jill bathroom. Head downstairs through an elegant stairwell with ornate woodworking and period details to find a massive open concept kitchen/dining/living room with original brick floors that is anchored by a fully functioning wood burning fireplace! This space would be fantastic for entertaining! Also on this level is a 1/2 bath with laundry and a bonus room. If you are looking for a turn key condo in a well managed building just moments from all the action in Salem...THIS. IS. IT!

Neighborhood & Transit

5 Derby Sq, Salem · MA 01970

Nearby transit

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

  • Salem Commuter Rail 1 route 0.25 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1651 days
Listing Price:
$485,000
Price per Sq.Ft:
$277
Tax Assessment:
$475,400 in 2021
Taxes:
$547 / Monthly
HOA Fee:
$490

Home Facts

Where is the Unit in the building?

Unit Placement
1st
Elevator
Unknown
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,754 Sq.Ft (Includes Basement)
Kitchen
Basement, Open Floor Plan, Peninsula, Eat-in Kitchen, Pantry, Recessed Lighting, Dishwasher, Range, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Full Bathroom, Flooring - Hardwood, Main Level
Laundry
Unknown
Living levels
2
Rooms
6
Above grade area
Unknown
Flooring
Wall to Wall Carpet, Hardwood, Stone / Slate, Other (See Remarks)
Lead paint
Unknown

Utilities

Heating Type
Forced Air
Heating Zone
Unknown
Cooling
Central Air
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
200 Amps

Exterior Features

Outdoor Space
Unknown
Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
1 Parking Space

Home Owner Association information

Restrictions
Unknown
HOA
$490
HOA Includes
Unknown
Special Assessment
Unknown

Room details

Living room level
Basement
Living room features
Fireplace, Closet, Open Floor Plan, Recessed Lighting
Dining room level
Basement
Dining room features
Fireplace, Open Floor Plan, Recessed Lighting
Bedroom 2 level
First Floor
Bedroom 2 features
Bathroom - Full, Flooring - Hardwood, Main Level
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2 level
Basement
Bathroom 2 features
Bathroom - Half

Listing information

Listing agent
Justin Repp
Listing office
Keller Williams Realty Evolution
MLS PIN #
72915061