125 Derby Street #D, Salem, MA 01970

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
125 Derby Street #D,Salem, MA 01970
$549,500
  • 2 Beds
  • 2 Baths
  • 1,416 sq. ft.
  • Condominium
  • Active
Listed by: patrick sargent
Office: herrick lutts realty partners
MLS#:73514238
Source:MLSPIN

Price summary

  • Price:$549,500
  • Price per sq. ft.:$388.06
  • Monthly HOA dues:$350

About this home

Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home's early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today's lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem's rich history in one of its most sought-after locations.

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Home facts

  • Year built:1768
  • Listing ID #:73514238
  • Updated:June 29, 2026 at 01:27 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Flooring:Carpet, Flooring - Wall to Wall Carpet, Hardwood
  • Dining Description:Hardwood, Window(s) - Bay/Bow/Box
  • Kitchen Description:Countertops - Stone/Granite/Solid, Dishwasher, Disposal, Flooring - Hardwood, Microwave, Range, Refrigerator, Window(s) - Bay/Bow/Box
  • Living area:1,416 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Fireplace(s), Oil

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1768
  • Building area:1,416 sq. ft.
  • Construction Materials:Stone
  • Exterior Features:Garden, Patio

Schools

  • High school:Salem
  • Middle school:Collins
  • Elementary school:Bentley

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,500
  • Price per sq. ft.:$388.06
  • Tax amount:$5,855 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Electric Dryer Hookup, In Unit, Second Floor, Washer, Washer Hookup

Parking

  • Parking description:On Street
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