Sold!
$570,000
2
Beds
2
Baths
1,510
Living Area
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Property Description
Spectacular light, beautiful views, soaring ceilings, and so much more is what you get with this 5th floor unit at the Derby Lofts, in the heart of downtown Salem! Gaze out to water views on the South River Canal, experience ease of commute with proximity to the Commuter Rail and Boston Harbor Ferry. Dine at Bernadette, Adriatic, Howling Wolf, and so many more restaurants and shops that are in such close proximity. The open airy floorplan is both dramatic yet functional. A large living/dining space can accommodate ample furniture, formal dining and more. The fully applianced kitchen with newer stainless steel appliances, granite counters and wood cabinetry is comfortable for those days when not dining out! A large bonus room is ideal for an office or additional storage. The laundry room holds a full sized washer/dryer. Both bedrooms boast large picture windows, generous closets, including a walk in for the primary. 2 elevators, central AC, pet friendly and gated drive thru for drop off
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Highlights
- Building Name: The Derby Lofts
- Heating: Forced Air
- Parking Spots: 2
- Property Type: Condominium
- Total Rooms: 5
- Year Built: 2003
- Cooling: Central Air
- HOA Fee: $471
- Property Class: Residential
- Stories: 1
- Unit Number: 506
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Construction: Brick, Stone
- Pets Allowed: Yes w/ Restrictions
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R
- Basement: N
- Flooring: Wood
- Roof: Rubber
- Total Number of Units: 62
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Marina, T-Station, University
- Covered Parking Spaces: 2
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $540,700
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal
- Taxes: $6,132
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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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 Herrick Lutts Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
