$595,000
2
Beds
2
Baths
1,563
Living Area
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Property Description
Welcome to the epitome of chic urban living in the vibrant heart of Downtown Salem at Derby Lofts, be just steps away from the picturesque waterfront, museums, restaurants, shops, cafes & nightlife. As you enter this open-concept loft you are greeted with soaring ceilings, exposed brick and hardwood flrs that effortlessly blend a cool vibe to enjoy. Beautifully appointed kitchen offers generous cabinet space, granite counters, NEW SS appliances and breakfast bar that creates a seamless flow between the kitchen, dining and living areas, perfect for entertaining. Recharge in your en suite complete w/ multiple closets, a reading area and full bath. Equally tranquil is a 2nd bedroom w/ WIC or could makes perfect home office. Abundance of storage space accommodates your lifestyle while keeping everything in its place. Bonus NEWLY installed high-efficiency HVAC and Hot Water system. Professionally managed building w/, elevator access & a welcoming pet friendly association.
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Highlights
- Building Name: Derby Lofts
- Has View: Yes
- HOA Fee: $413
- Property Class: Residential
- Total Rooms: 5
- Year Built: 2003
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Parking Spots: 1
- Property Type: Condominium
- Unit Number: 203
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
- Construction: Brick, Stone
- Flooring: Hardwood
- Roof: Rubber
- View: City
- Year Built Source: Public Records
- Basement: N
- Exterior Features: City View(s)
- Pets Allowed: Yes
- Total Number of Units: 54
- Year Built Details: Approximate
- Zoning: B5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Marina, T-Station, University
- Parking Features: Common
- Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach
- Covered Parking Spaces: 1
- Security Features: Intercom, Security Gate
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $449,400
- Compensation Based On: Net Sale Price
- HOA Fee Frequency: Monthly
- Tax Year: 2023
- Buyer Agent Compensation: 2%
- HOA: Yes
- HOA Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- Taxes: $5,622
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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 Coldwell Banker Realty - Beverly.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.