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Brian Cotlar
REALTOR®
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131 Derby St, Unit 1R, Salem, MA 01970

$469,900
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New to the Market Active
BEDS2 BATHS1 full SQUARE FEET813 MLS#73579110
STATUSActive PROPERTY TYPEResidential - Condominium

Property Description

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 Salems 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.

131 Derby St, Unit 1R | MLS# 73579110

This condo located at 131 Derby St, Unit 1R, Salem, MA 01970 is currently listed for sale with an asking price of $469,900. This property was built in 1900 and has 2 bedrooms and 1 full baths with 813 sq. ft. Search Salem real estate on briancotlar.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: Y
Cooling: Window Unit(s)
Heating: Baseboard, Natural Gas
Lot Size: 0.23 Acres
Roof Type: Rubber
Stories: 1.0
Taxes: $4,738
Year Built: 1900

Amenities

Internet Available - Unknown
Porch

Feature Descriptions

Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Association Fee: $375/Monthly
Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Building Area Total: 813
Building Name: Renaissance Condo At 131 Derby Street
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Flooring: Tile, Hardwood
HeatingY/N: 1
Kitchen: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Washer Hookup, Lighting - Pendant
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement, In Building, In Unit
Living Room: Ceiling Fan(s), Flooring - Hardwood, Open Floorplan
Master Bedroom: Ceiling Fan(s), Closet, Flooring - Hardwood
Open Parking Y/N: Yes
Parcel Number: M:0041 B:0316 L:0802,4542035
Parking Features: On Street
Parking Total: 0
Patio And Porch: Porch
Pets Allowed: Yes
Rooms Total: 4
Sewer: Public Sewer
Structure Type: Garden
Units: 8
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Water: Public
Waterfront Features: Harbor, Ocean
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: RE/MAX Encore
Agent Name: Rita Patriarca
Agency Phone: 978-988-0028

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Estimated Payment

$ 1,577.68 per month $1,045.79 Principal & Interest $394.83 Property Tax $137.05 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/19/2026. The listing information on this page last changed on 09/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 09/19/2026 12:04:33 AM EST) or MLSPIN MLS (last updated Fri 09/18/2026 11:38:36 PM EST) or Prime MLS (last updated Fri 09/18/2026 11:33:09 PM EST) or MREIS (last updated Fri 09/18/2026 11:55:17 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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