Derby Lofts rare 1, 520 SF corner penthouse with 161 SF private balcony in Downtown Salem, just 5 blocks to commuter rail and minutes to the Boston Harbor Ferry. Enjoy the best sunsets in Salem from soaring 10+ ceilings, dramatic windows, and sweeping city views. A 2024 kitchen renovation features new appliances, maple butcher block counters, a soapstone wet zone with custom sink, open shelving, custom cabinetry with pull-outs, exposed brick, and industrial lighting. Living/dining area with floor-to-ceiling custom bookcase and ladder. Primary suite with 2023 spa-inspired bathwalk-in shower, marble hex tile, new vanity, fixtures, and lightingplus lime-washed brick accent, chandelier reading nook, and electric fireplace. Balcony with new decking. Building amenities include 2 elevators, skylit atrium, and secure entry. Two covered garage parking spaces available by lease (first-come, first-served). Shops, dining, PEM, waterfront, and arts venues at your doorstep.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 4
- Entry Foyer Level: 6
- Basement Description: N
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Features: Yes
Interior Features
- Elevator
- Flooring: Wood, Tile
Appliances
- Range
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Freezer
- Washer
- Dryer
- Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air, Natural Gas
- Heating: Yes
Exterior and Lot Features
- Deck
- Balcony
- City View(s)
- Patio And Porch Features: Deck
Waterfront and Water Access
- Harbor
- 1 to 2 Mile To Beach
- Beach Ownership(Public)
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Deeded, Common, Leased
Land Info
- Lot Size Acres: 0.48
- Lot Size Square Feet: 20752
Home Features
- View: City
- Security Features: Intercom, TV Monitor, Security Gate
Homeowners Association
- Association: Yes
- Association Amenities: Elevator(s)
- Association Fee: 558
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Calculated Total Monthly Association Fees: 558
- Pets Allowed: Yes
Multi-Unit Info
Amenities and Community Features
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
Other Property Info
- Annual Tax Amount: 6635
- Source Listing Status: New
- County: Essex
- Directions: Use GPS - Awning says Derby Lofts
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: M:34 L:0485 S:853, 4656134
- Zoning: B5
- Property Subtype: Condominium
- Source System Name: C2C
Utilities
- Electric: 110 Volts, Circuit Breakers
- Sewer: Public Sewer
- for Gas Range
- for Electric Oven
- for Gas Dryer
- Washer Hookup
- Water Source: Public
Building and Construction
- Year Built: 2003
- Building Area Total: 1520
- Building Area Units: Square Feet
- Building Name: Derby Lofts
- Common Walls: No One Above
- Construction Materials: Stone
- Property Age: 22
- Property Attached: Yes
- Roof: Rubber
- Levels or Stories: 1
- Structure Type: High-Rise
- Year Built Details: Actual
- Year Built Source: Public Records
