Home Homes for Sale 125 Derby Street # D, Salem MA 01970
Price cut: $19K

$499,900
$353/sqft · Salem, MA
2Beds
2Baths
1,416Sqft
125 Derby Street # D, Salem MA 01970
Active Listed 131 days ago
Condominium Built in 1768

What's Special

CondominiumBuilt in 17684 FireplacesPrice Reduced

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.

Location

Property Details

Core Details

Property TypeCondominium
Year Built1768
Parcel Number2138130
ZoningB1
Stories2
MLS #73574145
Entry LocationUnit Placement(Upper)

Space & Sizing

Living Area1,416 sqft
Above Grade1,416 sqft
Total Rooms6
Bedrooms2
Bathrooms2

Room Dimensions

Bathroom180 sqft · Second
Bathroom2100 sqft · Third
Bedroom2120 sqft · Second
Dining Room168 sqft · Second
Kitchen144 sqft · Second
Living Room196 sqft · Second
Master Bedroom196 sqft · Third
Office144 sqft · Third

Features & Systems

Open Parking0
Heating2 Zones
Fireplaces4
ConstructionStone
RoofShingle, Rubber
CoolingWindow Unit(s)
Documents AvailableMaster Deed
HeatingFireplace(s), Oil
SewerPublic Sewer
Water SourcePublic

Features & Amenities

4 Fireplaces
Appliances
Dishwasher Disposal Dryer Range Refrigerator Washer
Association Fee Includes
Insurance Maintenance Grounds Maintenance Structure Sewer Water
Common Walls
Corner
Community Features
Laundromat Park Public Transportation Shopping T-Station Walk/Jog Trails
Exterior Features
Fenced Yard Garden Patio
Fencing
Fenced
Fireplace Features
Dining Room Living Room Master Bedroom
Flooring
Carpet Flooring - Wall to Wall Carpet Hardwood
Interior Features
Office
Laundry Features
Electric Dryer Hookup In Unit Second Floor Washer Hookup
Lead Paint
Unknown
Parking Features
On Street
Patio And Porch Features
Patio
Structure Type
Townhouse
Utilities
for Gas Range
Waterfront Features
0 to 1/10 Mile To Beach Ocean

Additional Information

Disclosures: Several photos are "virtually staged".

Directions: Essex to Derby

Financial Details

Annual Taxes$5,855 (2025)
Assessed Value$516,300
HOA Fee$350/monthly
Tax Book Number15873
Listed on Sep 9, 2026 Updated Sep 20, 2026 8:05 AM 1 document available Essex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73574145

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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