The Salem Waterfront Hotel And Suites

225 Derby Street, Unit 503Salem, MA 01970MLS Number 73481755

  • Price: $610,000
  • Est. Mortgage of $/month
  • 72 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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Under Agreement
225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970225 Derby Street Salem MA 01970
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  • 1Bedrooms
  • 0.91Acreage
  • 2Bathrooms
  • 2004Year Built

Driving Directions

Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.
Listed by Ed Abrams of RE/MAX Real Estate Center

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More Info

Basic Information

  • Bedrooms1
  • Mls StatusUnder Agreement
  • Bathroom2
  • Parcel Number M:34 L:0446 S:904,4591603
  • Unit Number503

Location

  • SubdivisionThe Salem Waterfront Hotel And Suites
  • Address225 Derby Street
  • Building Number225
  • CountyEssex
  • StateMA
  • StreetDerby Street
  • TownSalem
  • Zip01970

Interior

  • Flooring Carpet, Marble, Hardwood
  • Interior Features Elevator

Property Information

  • Square Feet1,151
  • Building Area Source Master Deed
  • Living Area 1,151
  • Lot Size Square Feet 39,648
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type High-Rise

Water Body

  • Miles to Beach2
  • WaterfrontYes
  • Waterfront Features Waterfront, Ocean, Harbor, Marina, Public, Ocean,1 to 2 Mile To Beach

Tax Information

  • Tax Assessed Value $580,100
  • Tax Year 2026
  • Taxes$6,305

Basic Information

  • List Price$610,000
  • MLS Number73481755
  • Modification Date03/13/2026
  • Property SubTypeCondominium
  • Purchase Contract Date03/13/2026

Building

  • BasementN
  • Building Area Units Square Feet
  • Entry Level 5
  • FireplaceYes
  • Fireplace Features Dining Room
  • Fireplaces Total 1
  • Property NameThe Salem Waterfront Hotel And Suites
  • Rooms3
  • Stories1
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built2004
  • Year Built Details Approximate
  • Year Built Source Public Records

Legal

  • ZoningB5

Other

  • Association Fee $516
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Insurance
    • Maintenance Grounds
    • Maintenance Structure
    • Reserve Funds
    • Road Maintenance
    • Snow Removal
    • Trash
  • Date Listed03/03/2026
  • Farm Land Area Units Square Feet
  • View Count4

Parking

  • Parking Spaces1
  • Parking Features Off Street, Assigned

Rooms

  • Bathroom 1 First
  • Bathroom 2 First
  • Bathrooms Total Decimal 1.5
  • Dining Room First,12 x 20
  • Full Bath1
  • Half Baths1
  • Kitchen First,12 x 14
  • Living Room First,12 x 20
  • Master Bedroom First,13

Property

  • Acreage0.91
  • Entry Location Unit Placement(Upper)

Utilities

  • Cooling Central Air, Unit Control
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Individual Meter

Amenities

  • Accessibility Features Accessible Entrance
  • Amenities
    • Marina
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
  • Association Amenities Pool, Elevator(s)
  • Other AmenitiesFireplace, Waterfront, Water View
  • PetsYes w/ Restrictions
  • Pool Features Association, Indoor
  • Security Features Intercom

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Real Brokerage

617-293-8070
MA
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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