Welcome to 114 Derby Street Unit 2, a beautifully renovated 2-bed, 2.5-bath condo in one of Salems most desirable waterfront neighborhoods. Located in a restored Federal-style mansion, this home offers stylish single-level living with a perfect mix of modern finishes and historic charm. The open-concept layout features a sleek kitchen with quartz countertops and stainless appliances, flowing into a comfortable living and dining space with a cozy gas fireplace. Central A/C ensures year-round comfort. The spacious primary suite includes a walk-in closet and a well-appointed en suite bath. A second bedroom, full guest bath, and half bath offer great flexibility. Front and rear private entrances add convenience, and there's just enough outdoor space for a grill or bistro table. A spacious unfinished basement offers excellent storage and future living space. Enjoy vibrant, historic Salem in your own backyardShowings begin at the open house. See offer instructions.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 1
- Primary Bedroom Dimensions: 14 x 13
- Bedroom 2 Dimensions: 13 x 10
- Primary Bedroom Sqft: 182
- Bedroom 2 Sqft: 130
- Primary Bedroom Level: First
- Bedroom 2 Level: Main, First
- Primary Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
- Bedroom 2 Features: Closet, Flooring - Hardwood
Other Rooms
- Total Rooms: 5
- Living Room Dimensions: 15 x 16
- Living Room Sqft: 240
- Entry Foyer Level: 1
- Family Room Level: First
- Living Room Level: Main, First
- Living Room Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan
- Basement Description: Y
Bathrooms
- Total Bathrooms: 2.5
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathroom 1 Dimensions: 9 x 9
- Bathroom 2 Dimensions: 7 x 5
- Bathroom 3 Dimensions: 4 x 6
- Bathroom 1 Sqft: 81
- Bathroom 2 Sqft: 35
- Bathroom 3 Sqft: 24
- Bathroom 1 Level: First
- Bathroom 2 Level: First
- Bathroom 3 Level: First
- Primary Bathroom Features: Yes
- Bathroom 1 Features: Bathroom - Full
- Bathroom 2 Features: Bathroom - Full
- Bathroom 3 Features: Bathroom - Half
Appliances
- Range
- Dishwasher
- Microwave
- Refrigerator
- Washer
- Dryer
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air, Natural Gas
- Heating: Yes
- Number of Fireplaces: 1
Interior Features
- Door Features: Insulated Doors
- Flooring: Tile, Hardwood
- Window Features: Insulated Windows
Kitchen and Dining
- Dining Room Dimensions: 12 x 11
- Dining Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
- Dining Room Level: Main, First
- Dining Room Sqft: 132
- Kitchen Dimensions: 14 x 10
- Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting
- Kitchen Level: Main, First
- Kitchen Sqft: 140
Exterior and Lot Features
- Deck
- Patio And Porch Features: Deck
Waterfront and Water Access
- 0 to 1/10 Mile To Beach
- Beach Ownership(Public)
Land Info
- Lot Size Acres: 0.29
- Lot Size Square Feet: 12589
Garage and Parking
- Parking Features: Off Street, Deeded
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Fee: 331
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
- Calculated Total Monthly Association Fees: 331
- Pets Allowed: Yes
Multi-Unit Info
School Information
Amenities and Community Features
- Community Features: Public Transportation, Shopping
Other Property Info
- Annual Tax Amount: 8546
- Source Listing Status: New
- County: Essex
- Directions: On Derby St directly across from the House of Seve Gables
- Tax Year: 2025
- Source Property Type: Residential
- Exclusions: Chandelier Over Dinning Table
- Property Subtype: condo
- Parcel Number: M:41 L:0014 S:805, 5000231
- Zoning: R2
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Year Built: 1950
- Building Area Total: 1342
- Building Area Units: Square Feet
- Building Name: 114 Derby St Condominium
- Common Walls: End Unit
- Construction Materials: Brick
- Entry Location: Unit Placement(Walkout)
- Property Age: 75
- Levels or Stories: 2
- Structure Type: Townhouse
- Year Built Details: Actual
- Year Built Effective: 2016
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Water Source: Public
Home Features
- Green Energy Efficient: Thermostat
