Sold!
$540,000
2
Beds
2
Baths
1,527
Living Area
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Property Description
Welcome to the highly desirable Derby Lofts! Offering young construction (2003) loft living in the heart of historic Salem, with dozens of restaurants, shops & historic sites just outside your door. This nicely updated 2 Bedroom, 2 Full Bath unit offers a wide open floor plan with 12' ceilings, huge windows & wonderful natural light. Kitchen boasts GAS cooking, granite counters, young appliances and plenty of quality cabinets. It opens nicely to the spacious Dining & Living Rooms, perfect for either large gatherings or quiet evenings at home. Both Bedrooms boast the same soaring ceilings, oversized windows & their own Bathrooms. EXCELLENT closet space, including a large walk-in closet & oversized in-unit laundry room. Additional amenities include: new Navien tankless hot water (1.5 +/- yrs), brand new dishwasher, new garbage disposal, new Fridge & Microwave (2yrs +/-) and new vanity & floor in Main Bath. Easy access to the Train, Ferry & Waterfront, this is truly a real gem!!!
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Highlights
- Building Name: The Derby Lofts
- Heating: Forced Air, Natural Gas, Individual, Unit Control
- Parking Spots: 1
- Property Type: Condominium
- Unit Number: 307
- Status: Closed
- Cooling: Central Air, Individual, Unit Control
- HOA Fee: $447
- Property Class: Residential
- Total Rooms: 4
- Year Built: 2003
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
- Construction: Brick, Stone
- Pets Allowed: Yes w/ Restrictions
- Year Built Details: Actual
- Zoning: B5
- Basement: N
- Flooring: Wood, Tile, Vinyl
- Total Number of Units: 54
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
- Security Features: Intercom, Security Gate
- Parking Features: Leased
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $459,100
- Compensation Based On: Net Sale Price
- HOA: Yes
- HOA Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- Taxes: $5,743
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- HOA Fee Frequency: Monthly
- Tax Year: 2023
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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 The Proper Nest Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
