
74 Derby St #74 Salem — Photo 1 of 38
$499,900
74 Derby St #74, Salem, MA 01970
Salem, MA 01970
Beds
1
Baths
1
SqFt
1,400
Style
Condominium
Built
1900
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!
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Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17.083333333 x 20.666666666
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First12.5 x 5.166666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead, Decorative Molding
Kitchen
Lvl Main,First12.5 x 10.583333333
Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Decorative Molding
Office
Lvl First12.833333333 x 7.25
Flooring - Vinyl, Exterior Access, Open Floor Plan, Remodeled, Lighting - Overhead, Decorative Molding
Master Bedroom
Lvl Basement21.083333333 x 13.666666666
Beamed Ceilings, Closet, Flooring - Vinyl, Remodeled
Bedroom 2
Lvl Main,First11.75 x 14
Bathroom 1
Lvl Main,First7.583333333 x 7.25
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Sconce, Lighting - Overhead
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Tracey Hutchinson
Listing Office: Churchill Properties
MLS® Number: 73574904
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