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Robin Smith
REALTOR®
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125 Derby Street, Unit D, Salem, MA 01970

$519,000
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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,416 MLS#73574145
STATUSActive PROPERTY TYPEResidential - Condominium

Property 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.

125 Derby Street, Unit D | MLS# 73574145

This condo located at 125 Derby Street, Unit D, Salem, MA 01970 is currently listed for sale with an asking price of $519,000. This property was built in 1768 and has 2 bedrooms and 2 full baths with 1416 sq. ft. Search Salem real estate on robinsmith.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: Y
Cooling: Window Unit(s)
Fenced: Yes
Fireplaces: 4
Heating: Oil, Fireplace(s)
Roof Type: Shingle, Rubber
Stories: 2.0
Taxes: $5,855
Year Built: 1768

Amenities

Office
Patio
Fenced Yard
Garden

Feature Descriptions

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Association Fee: $350/Monthly
Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
Building Area Total: 1416
Common Walls: Corner
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dining Room: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Exterior: Stone
Fencing: Fenced
Fireplace Features: Dining Room, Living Room, Master Bedroom
Fireplace Y/N: Yes
Flooring: Carpet, Hardwood, Flooring - Wall to Wall Carpet
HeatingY/N: 1
Kitchen: Bathroom - Full, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Living Room: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Master Bedroom: Closet, Flooring - Hardwood
Office: Fireplace, Flooring - Wall to Wall Carpet
Open Parking Y/N: Yes
Parcel Number: 2138131
Parking Features: On Street
Parking Total: 0
Patio And Porch: Patio
Rooms Total: 6
Sewer: Public Sewer
Structure Type: Townhouse
Units: 4
Utilities: for Gas Range
Water: Public
Waterfront Features: Ocean,0 to 1/10 Mile To Beach

Room Sizes

Bathroom 1: 10.00 X 8.00 Level - Second
Bathroom 2: 10.00 X 10.00 Level - Third
Bedroom 2: 12.00 X 10.00 Level - Second
Dining Room: 14.00 X 12.00 Level - Second
Kitchen: 12.00 X 12.00 Level - Second
Living Room: 14.00 X 14.00 Level - Second
Primary Bedroom: 14.00 X 14.00 Level - Third
Office: 12.00 X 12.00 Level - Third

Local Schools

High School: Salem
Middle School: Collins
Elementary School: Bentley

Listed By / Shown By

Listed By

Agency Name: Herrick Lutts Realty Partners
Agent Name: Patrick Sargent
Agency Phone: 978-927-1959

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Estimated Payment

$ 1,794.36 per month $1,155.07 Principal & Interest $487.92 Property Tax $151.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:29:50 AM EST) or MLSPIN MLS (last updated Wed 09/09/2026 11:38:34 PM EST) or Prime MLS (last updated Wed 09/09/2026 11:33:05 PM EST) or MREIS (last updated Thu 09/10/2026 12:25:18 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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