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225 Derby St #503

Salem, MA 01970
$610,000
1 Bed
1/1 Bath
1,151 Living Area
  • Property Description
    Welcome Home! Enjoy luxury living with this sun-drenched, open, spacious condo boasting panoramic harbor views atop the Salem Waterfront Hotel and Suites. Your reserved parking spot is close to the lobby and elevator. Experience the charm of Downtown Salem and the convenience of Pickering Wharf's shops and restaurants right at your doorstep. The one-bedroom, one-and-a-half-bath condo features central air, granite countertops, an in-unit washer and dryer, and power shades. Your residence includes access to hotel amenities, including a heated pool. Revel in the mesmerizing water views that extend over Salem Harbor to the South Channel and beyond. Immerse yourself in the best of Salem's offerings within arm's reach. Seize the opportunity to make this remarkable condo and Salem living your own. Schedule your visit now to experience it firsthand.
  • Highlights
    • Building Name: The Salem Waterfront Hotel And Suites
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 1
    • Property Type: Condominium
    • Unit Number: 503
    • Status: Closed
    • Cooling: Central Air
    • HOA Fee: $412
    • Property Class: Residential
    • Total Rooms: 3
    • Year Built: 2004
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Construction: Stone
    • Flooring: Tile, Carpet, Hardwood
    • Total Number of Units: 16
    • Year Built Source: Public Records
    • Basement: N
    • Fireplaces: 1
    • Pets Allowed: Yes w/ Restrictions
    • Year Built Details: Actual
    • Zoning: B5
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Marina, Public School, T-Station
    • Pool Features: Association, Indoor
    • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    • Parking Features: Off Street, Assigned
    • Security Features: Intercom, TV Monitor, Security System
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $577,100
    • Compensation Based On: Net Sale Price
    • HOA Fee Frequency: Monthly
    • Tax Year: 2023
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 2%
    • HOA Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
    • Taxes: $7,220

Location

225 Derby St #503, Salem, MA 01970

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of RE/MAX Destiny. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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