225 Derby St # 503 Salem MA 01970 MLS #73481755

225 Derby St # 503
Salem, MA, 01970
$610,000
1 Beds
1.5 Baths
1,151 SqFt
0.91 Acres
$610,000
225 Derby St # 503
Salem, MA, 01970
MLS #73481755 image #0
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.

Property Details

Price:
$610,000
MLS #:
73481755
Status:
Pending
Beds:
1
Baths:
1.5
Type:
Condo
Subtype:
Condominium
Listed Date:
Mar 3, 2026
Finished Sq Ft:
1,151
Total Sq Ft:
1,151
Lot Size:
39,648 sqft / 0.91 acres (approx)
Year Built:
2004
WaterfrontParking TotalThe Salem Waterfront Hotel And SuitesYes W/ Restrictions

Schools

Interior

Above Grade Finished Area
1151
Appliances
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air, Unit Control
Fireplaces Total
1
Flooring
Carpet, Marble, Hardwood
Heating
Forced Air, Natural Gas
Interior Features
Elevator
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup

Exterior

Accessibility Features
Accessible Entrance
Association Amenities
Pool, Elevator(s)
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School, T-Station, University
Open Parking Spaces
1
Parking Features
Off Street, Assigned
Parking Spots
1
Parking Total
1
Security Features
Intercom
Stories
1
Waterfront Features
Waterfront, Ocean, Harbor, Marina, Public, Ocean, 1 to 2 Mile To Beach
Window Features
Insulated Windows

Financial

HOA Fee
$516
HOA Fee Frequency
Monthly
HOA Includes
Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2026
Taxes
$6,305
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Condo in Salem as of May 04, 2026
79
Condo Listed
59
Avg DOM
450
Avg $ / SqFt
$535,492
Avg List Price

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Property Summary

    225 Derby St # 503 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $610,000 and features 1 beds, 2 baths, and has approximately 1,151 square feet of living space, and was originally constructed in 2004. The current price per square foot is $530. The average price per square foot for Condo listings in Salem is $450. The average listing price for Condo in Salem is $535,492. To schedule a showing of MLS#73481755 at 225 Derby St # 503 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
225 Derby St # 503
Salem, MA