Welcome to 74 Derby Street, Unit 1! This beautifully renovated condominium, located in the Derby Waterfront District, offers the perfect blend of character, style, and convenience, presenting much larger than its one-bedroom designation, with flexible living spaces throughout. The heart of the home is a stunning, well appointed kitchen, featuring stainless appliances, leathered granite counters, a charming banquet seating area, and an open-concept layout that flows seamlessly into a large living and entertaining space. The first-floor is also home to a nicely sized bedroom with generous closet space, which is complemented by an updated full bathroom and a modern office space. Downstairs, discover a substantial additional finished living area that offers incredible flexibility as a primary suite-style retreat, family room, guest space or home gym. Outside, enjoy a protected patio area with room for grilling and two parking spaces. Located on the quieter end of Derby Street, this home puts the very best of Salem right outside your door—restaurants, shops, history, culture, waterfront, the Willows, and all the energy this vibrant city has to offer within a mile radius! Salem Ferry Landing is right around the corner and Collins Cove Beach is 1/2 mile stroll. A rare opportunity to own a spacious, stylish, and thoughtfully updated home in one of Salem's most desirable locations: across from green space, on the bike path, in a stable, convivial neighborhood, with easy access at ALL times of the year and sneak peeks of the water in winter! Fun fact...Salem residents get reduced rates on the Ferry, and free access to the Salem Museums!
For sale
$499,900
74 Derby St #74, Salem, MA 01970
1beds
1,400sqft
Condominium
Built in 1900
-- sqft lot
$-- Zestimate®
$357/sqft
$250/mo HOA
What's special
Open-concept layoutModern office spaceCharming banquet seating areaTwo parking spacesAcross from green spaceStainless appliancesBeautifully renovated condominium
- 18 hours
- 229
- 28
Zillow last checked:
Listing updated:
Listed by:
Tracey Hutchinson 978-473-9720,
Churchill Properties 978-626-1685,
Sarah Manganiello 339-226-2982
Source: MLS PIN,MLS#: 73574904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Beamed Ceilings, Closet, Flooring - Vinyl, Remodeled
- Level: Basement
- Area: 288.14
- Dimensions: 21.08 x 13.67
Bedroom 2
- Features: Closet/Cabinets - Custom Built, Flooring - Vinyl, Chair Rail, Remodeled
- Level: Main,First
- Area: 164.5
- Dimensions: 11.75 x 14
Primary bathroom
- Features: No
Bathroom 1
- Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Sconce, Lighting - Overhead
- Level: Main,First
- Area: 54.98
- Dimensions: 7.58 x 7.25
Dining room
- Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead, Decorative Molding
- Level: Main,First
- Area: 64.58
- Dimensions: 12.5 x 5.17
Kitchen
- Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Decorative Molding
- Level: Main,First
- Area: 132.29
- Dimensions: 12.5 x 10.58
Living room
- Features: Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
- Level: Main,First
- Area: 353.06
- Dimensions: 17.08 x 20.67
Office
- Features: Flooring - Vinyl, Exterior Access, Open Floor Plan, Remodeled, Lighting - Overhead, Decorative Molding
- Level: First
- Area: 93.04
- Dimensions: 12.83 x 7.25
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: Electric Dryer Hookup, Remodeled, Lighting - Overhead, In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Features
- Open Floorplan, Lighting - Overhead, Decorative Molding, Office, Internet Available - Unknown
- Flooring: Tile, Vinyl, Hardwood
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,000
- Finished area below ground: 400
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Tandem
- Uncovered spaces: 2
Features
- Entry location: Unit Placement(Ground)
- Patio & porch: Patio
- Exterior features: Patio
- Waterfront features: Ocean, 3/10 to 1/2 Mile To Beach
Details
- Parcel number: M:0041 B:0096 L:0801,2137876
- Zoning: R2
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1900
- Major remodel year: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA
- Services included: Water, Insurance, Maintenance Structure
- HOA fee: $250 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $357/sqft
- Tax assessed value: $484,900
- Annual tax amount: $5,227
- Date on market: 9/10/2026
- Listing terms: Contract
- Exclusions: Please Inquire.
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $499,900$357/sqft |
Source: MLS PIN #73574904 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01970
Nearby schools
Schools provided by the listing agent
- Elementary: Salem Schools
- Middle: Salem Schools
- High: Salem Schools
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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