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$499,900
1 Beds 1 Baths
HOA
$250
SQFT
1400
74 Derby St
Salem, MA 01970
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Property Description

Welcome to 74 Derby Street, Unit 1! This beautifully renovated condominium, located in the Derby Waterfront District, offers the perfect blend of character, style, and convenience, presenting much larger than its one-bedroom designation, with flexible living spaces throughout. The heart of the home is a stunning, well appointed kitchen, featuring stainless appliances, leathered granite counters, a charming banquet seating area, and an open-concept layout that flows seamlessly into a large living and entertaining space. The first-floor is also home to a nicely sized bedroom with generous closet space, which is complemented by an updated full bathroom and a modern office space. Downstairs, discover a substantial additional finished living area that offers incredible flexibility as a primary suite-style retreat, family room, guest space or home gym. Outside, enjoy a protected patio area with room for grilling and two parking spaces. Located on the quieter end of Derby Street, this home puts the very best of Salem right outside your door—restaurants, shops, history, culture, waterfront, the Willows, and all the energy this vibrant city has to offer within a mile radius! Salem Ferry Landing is right around the corner and Collins Cove Beach is 1/2 mile stroll. A rare opportunity to own a spacious, stylish, and thoughtfully updated home in one of Salem's most desirable locations: across from green space, on the bike path, in a stable, convivial neighborhood, with easy access at ALL times of the year and sneak peeks of the water in winter! Fun fact...Salem residents get reduced rates on the Ferry, and free access to the Salem Museums!

Property Details

Amenities

  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Association Fee Includes: Exterior Maintenance, Master Insurance, Water

Kitchen, Dining, and Appliances

  • Kitchen Dimensions: 12'6"X10'7"
  • Cabinets - Upgraded, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Decorative Molding, Dining Area, Exterior Access, Flooring - Hardwood, Gas Stove, Lighting - Pendant, Open Floor Plan, Peninsula, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Dimensions: 12'6"X5'2"
  • Dining Room Features: Chair Rail, Closet/Cabinets - Custom Built, Decorative Molding, Exterior Access, Flooring - Hardwood, Lighting - Overhead, Open Floor Plan, Recessed Lighting, Remodeled

Bathrooms

  • Full Baths: 1
  • Bathroom 1 Dimensions: 7'7"X7'3"
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Cabinets - Upgraded, Countertops - Stone/Granite/Solid, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Lighting - Sconce

Bedrooms

  • Bedrooms: 1
  • Master Bedroom Dimensions: 21'1"X13'8"
  • Master Bedroom Level: Basement
  • Master Bedroom Features: Ceiling - Beamed, Closet, Flooring - Vinyl, Remodeled
  • Bedroom 2 Dimensions: 11'9"X14
  • Master Bedroom Features: Chair Rail, Closet/Cabinets - Custom Built, Flooring - Vinyl, Remodeled

Other Rooms

  • Total Rooms: 5
  • Living Room Dimensions: 17'1"X20'8"
  • Living Room Features: Exterior Access, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Remodeled

Utilities

  • Heating: Gas, Hot Water Baseboard
  • Cooling: Window AC
  • Energy Features: Prog. Thermostat
  • Utility Connections: Washer Hookup, for Gas Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1400
  • Unit Building: 74
  • Unit Level: 1
  • Unit Placement: Ground
  • Interior Features: Internet Available - Unknown
  • Floors: 2
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: Yes
  • Year Converted: 1986
  • Number of Units: 2
  • Number of Units Owner Occupied: 2
  • Owner Occupied Data Source: Seller
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $250
  • Fee Interval: Monthly
  • Management: Owner Association

Construction

  • Year Built: 1900
  • Style: 2/3 Family
  • Construction Type: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: Off-Street, Tandem
  • Parking Spaces: 2

Exterior & Grounds

  • Exterior Features: Patio
  • Pool: No
  • Waterfront Features: Ocean
  • Distance to Beach: 3/10 to 1/2 Mile

Other Information

  • MLS ID# 73574904
  • Last Updated: 09/10/26
  • Documents on File: Certificate of Insurance, Floor Plans, Master Deed, Master Plan, Rules & Regs, Unit Deed
  • Terms: Contract for Deed

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Map

Seller's Representative: Tracey Hutchinson, Churchill Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-10 01:02:00

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