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Atlanta, GA 30339
127 Derby St, Salem, MA, 01970
UNIT SIZE RANGE
600-763 sqft
127 Derby St sits in the historic Derby Street neighborhood of Salem, near the intersection of Bridge Street and Boston Street. This location offers access to local parks, golf courses, and tennis courts. The Atlantic Ocean is nearby, enhancing the area with waterfront appeal. Public transportation routes are also available. The building is a low-rise structure that was completed in 1989. It contains 9 condominium units, each ranging from 600 to 763 square feet. Units can have either 1 or 2 bedrooms, providing options for different living situations. This layout allows for various needs and preferences. Prices for units range from $266,000 to $375,000. Over the past year, the average closing price has been around $425,000, with an average price per square foot of $558. Homes in this building have spent about 34 days on the market on average, suggesting a healthy demand for these properties. Nearby, dining opportunities include In A Pig's Eye Restaurant and Witche's Brew Cafe. The area also features places for recreation, such as parks and bike paths. Entertaining options are available with venues like Eastern National. This mix of amenities supports both active living and leisurely pursuits. The building has potential for garage parking, which adds convenience. Overall, the low-rise design and well-planned units create a comfortable living environment. This combination of location and amenities provides a nice balance for residents seeking a vibrant neighborhood with nearby services.
127 Derby St, Salem, MA, 01970
127 Derby St sits in the historic Derby Street neighborhood of Salem, near the intersection of Bridge Street and Boston Street. This location offers access to local parks, golf courses, and tennis courts. The Atlantic Ocean is nearby, enhancing the area with waterfront appeal. Public transportation routes are also available. The building is a low-rise structure that was completed in 1989. It contains 9 condominium units, each ranging from 600 to 763 square feet. Units can have either 1 or 2 bedrooms, providing options for different living situations. This layout allows for various needs and preferences. Prices for units range from $266,000 to $375,000. Over the past year, the average closing price has been around $425,000, with an average price per square foot of $558. Homes in this building have spent about 34 days on the market on average, suggesting a healthy demand for these properties. Nearby, dining opportunities include In A Pig's Eye Restaurant and Witche's Brew Cafe. The area also features places for recreation, such as parks and bike paths. Entertaining options are available with venues like Eastern National. This mix of amenities supports both active living and leisurely pursuits. The building has potential for garage parking, which adds convenience. Overall, the low-rise design and well-planned units create a comfortable living environment. This combination of location and amenities provides a nice balance for residents seeking a vibrant neighborhood with nearby services.
127 Derby St sits in the historic Derby Street neighborhood of Salem, near the intersection of Bridge Street and Boston Street. This location offers access to local parks, golf courses, and tennis courts. The Atlantic Ocean is nearby, enhancing the area with waterfront appeal. Public transportation routes are also available. The building is a low-rise structure that was completed in 1989. It contains 9 condominium units, each ranging from 600 to 763 square feet. Units can have either 1 or 2 bedrooms, providing options for different living situations. This layout allows for various needs and preferences. Prices for units range from $266,000 to $375,000. Over the past year, the average closing price has been around $425,000, with an average price per square foot of $558. Homes in this building have spent about 34 days on the market on average, suggesting a healthy demand for these properties. Nearby, dining opportunities include In A Pig's Eye Restaurant and Witche's Brew Cafe. The area also features places for recreation, such as parks and bike paths. Entertaining options are available with venues like Eastern National. This mix of amenities supports both active living and leisurely pursuits. The building has potential for garage parking, which adds convenience. Overall, the low-rise design and well-planned units create a comfortable living environment. This combination of location and amenities provides a nice balance for residents seeking a vibrant neighborhood with nearby services.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 1 | 763 | 1 | 1 | 33 | 2025-07-01 MLS#: 73381675 | Closed | $425,000 | |
| 1 | 763 | 1 | 1 | 23 | 2023-06-22 MLS#: 73117422 | Closed | $375,000 | |
| 2 | 763 | 2 | 1 | 51 | 2022-04-08 MLS#: 72943378 | Closed | $365,000 |

1 Beds
1 Baths
763 sqft
| Date | Status | Price |
|---|---|---|
| 2025-07-01 | Closed | $425,000 |

1 Beds
1 Baths
763 sqft
| Date | Status | Price |
|---|---|---|
| 2023-06-22 | Closed | $375,000 |

2 Beds
1 Baths
763 sqft
| Date | Status | Price |
|---|---|---|
| 2022-04-08 | Closed | $365,000 |
Life at Derby Street Condo is all about enjoying an active lifestyle. If you love to stay active, the condo caters to your hobbies, featuring amenities like tennis courts and a nearby golf course. For those who enjoy the outdoors, there's access to beautiful local parks and bike paths, ideal for weekend adventures. Moreover, the area is served by public transportation, making commuting a breeze whether you work in Salem or beyond.
Life at Derby Street Condo is all about enjoying an active lifestyle. If you love to stay active, the condo caters to your hobbies, featuring amenities like tennis courts and a nearby golf course. For those who enjoy the outdoors, there's access to beautiful local parks and bike paths, ideal for weekend adventures. Moreover, the area is served by public transportation, making commuting a breeze whether you work in Salem or beyond.
Tennis Court(s)
One of the perks of living at Derby Street Condo is its straightforward policies. You can enjoy the freedom of pet ownership as the property does not enforce restrictions on furry friends. This makes it a welcoming space for pet lovers looking to create a home with their companions.
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 127 Derby St | $558/sqft. | $4 /sqft. |
| 149 Derby | $811/sqft. | $4 /sqft. |
| 149 Derby Condominium Trust | $811/sqft. | $4 /sqft. |
| 23 Turner | $540/sqft. | $4 /sqft. |
| 23 Turner St Condominium | $540/sqft. | $4 /sqft. |
| 4 Hardy St | $608/sqft. | $5 /sqft. |
Derby Street/Waterfront District is a coastal area centered on the harbor. The area sits on the harbor with docks, a tree-lined boardwalk, and a small park. Small shops and seafood spots line the main streets, and art shops and weekly markets sell local goods and fresh food. The district has markets, cafes, and shops within short walks. It hosts summer concerts and a farmers market, and drivers use direct road links to nearby towns while buses and trains connect the area to nearby cities.
Derby Street/Waterfront District is a coastal area centered on the harbor. The area sits on the harbor with docks, a tree-lined boardwalk, and a small park. Small shops and seafood spots line the main streets, and art shops and weekly markets sell local goods and fresh food. The district has markets, cafes, and shops within short walks. It hosts summer concerts and a farmers market, and drivers use direct road links to nearby towns while buses and trains connect the area to nearby cities.
16.03%
21.07%
24.16%
18.49%
20.25%
7.26%
Transit
10.73%
Walk
61.36%
Drive
0.76%
Bike
36.22%
Owner Occupied
63.78%
Rental Units
Household:$6,187,833.79 /yr
Individual:$4,575,222.31 /yr