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225 Derby St #503

Salem, MA 01970
$610,000
1 Bed
1/1 Bath
1,151 Living Area
  • Property Description
    Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.
  • Highlights
    • Building Name: The Salem Waterfront Hotel And Suites
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 1
    • Property Type: Condominium
    • Total Rooms: 3
    • Year Built: 2004
    • Cooling: Central Air, Unit Control
    • HOA Fee: $516
    • Property Class: Residential
    • Stories: 1
    • Unit Number: 503
    • Status: Closed
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
    • Fireplaces: 1
    • Interior Features: Elevator
    • SqFt Source: Master Deed
    • Year Built Details: Approximate
    • Zoning: B5
    • Basement: N
    • Flooring: Carpet, Marble, Hardwood
    • Pets Allowed: Yes w/ Restrictions
    • Total Number of Units: 16
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School, T-Station, University
    • Pool Features: Association, Indoor
    • Waerfront: Yes
    • Parking Features: Off Street, Assigned
    • Security Features: Intercom
    • Waterfront Features: Waterfront, Ocean, Harbor, Marina, Public, Ocean, 1 to 2 Mile To Beach
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Individual Meter
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $580,100
    • HOA Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
    • Taxes: $6,305
    • HOA Fee Frequency: Monthly
    • Tax Year: 2026

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 Keller Williams Realty Evolution. 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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