Sold!
$725,000
2
Beds
2
Baths
1,520
Living Area
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Property Description
Derby Lofts rare 1,520± SF corner penthouse with 161± SF private balcony in Downtown Salem, just 5 blocks to commuter rail and minutes to the Boston Harbor Ferry. Enjoy the best sunsets in Salem from soaring 10’+ ceilings, dramatic windows, and sweeping city views. A 2024 kitchen renovation features new appliances, maple butcher block counters, a soapstone wet zone with custom sink, open shelving, custom cabinetry with pull-outs, exposed brick, and industrial lighting. Living/dining area with floor-to-ceiling custom bookcase and ladder. Primary suite with 2023 spa-inspired bath—walk-in shower, marble hex tile, new vanity, fixtures, and lighting—plus lime-washed brick accent, chandelier reading nook, and electric fireplace. Balcony with new decking. Building amenities include 2 elevators, skylit atrium, and secure entry. Two covered garage parking spaces available by lease (first-come, first-served). Shops, dining, PEM, waterfront, and arts venues at your doorstep.
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Highlights
- Building Name: Derby Lofts
- Has View: Yes
- HOA Fee: $558
- Property Class: Residential
- Stories: 1
- Unit Number: 609
- Status: Closed
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Parking Spots: 2
- Property Type: Condominium
- Total Rooms: 4
- Year Built: 2003
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Construction: Stone
- Flooring: Wood, Tile
- Pets Allowed: Yes
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
- Basement: N
- Exterior Features: Deck, Balcony, City View(s)
- Interior Features: Internet Available - Unknown, Elevator
- Roof: Rubber
- Total Number of Units: 54
- Year Built Details: Actual
- Zoning: B5
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
- Parking Features: Deeded, Common, Leased
- Waterfront Features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Covered Parking Spaces: 2
- Security Features: Intercom, TV Monitor, Security Gate
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Utilities
- Electric: 110 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $585,100
- HOA Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $6,635
- 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 Coldwell Banker Realty - Marblehead.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
