$499,900
 $2,684 est/mo Sourced by Back At You

125 Derby Street # D,Salem, MA 01970

Salem, MA 01970

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Description

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.

Details

MLS #73574145
Listing TypeFor Sale
StyleCondominium
HOA Dues$350
Sub-TypeResale
StatusActive
Year1768
Days On Site24
Listing Provided ByHerrick Lutts Realty Partners | Patrick Sargent

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,416
BasementY
Story(s)2
Units4
ZoningB1
Water FrontYes

Interior

Rooms Total6
Cooling Yes / NoYes
CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingOil, Fireplace(s)
Interior FeaturesOffice
AppliancesRange, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace FeaturesDining Room, Living Room, Master Bedroom
Fireplaces Total4
Fireplace Yes / NoYes
FlooringCarpet, Hardwood, Flooring - Wall to Wall Carpet

Exterior

Exterior FeaturesPatio, Fenced Yard, Garden
RoofShingle, Rubber
Construction MaterialsStone
FencingFenced

Parking

Garage Yes / NoNo
Parking FeaturesOn Street
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer

Taxes

Tax Annual Amount5855
Tax Assessed Value516300
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CitySalem
Zip Code01970
AreaDowntown
School DistrictSalem
Elementary SchoolBentley
High SchoolSalem
Listing VS Median (in 01970)
Price:
$499,900
low | high
Med:
$495,450
50.890178035607% of Average
sqft:
1,416
low | high
Med:
1,455
47.245762711864% of Average
$ / sqft:
$353
low | high
Med:
$341
53.485478171093% of Average
On site:
24
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 01970

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Learn More About This Property

StateMA
CountyEssex
CitySalem
Zip Code01970
AreaDowntown
School DistrictSalem
Elementary SchoolBentley
High SchoolSalem
Listing VS Median (in 01970)
Price:
$499,900
low | high
Med:
$495,450
50.890178035607% of Average
sqft:
1,416
low | high
Med:
1,455
47.245762711864% of Average
$ / sqft:
$353
low | high
Med:
$341
53.485478171093% of Average
On site:
24
low | high
Med:
21
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $624K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
49 Essex St # 2R Property Photo 1
$549,900
49 Essex St # 2r
Salem, MA 01970
Listing Updated: September 29, 2026 at 7:30:54 AM PDT