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  3. Salem, MA
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  5. Salem Waterfront Condomiums
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Salem Waterfront Condomiums

225 Derby St., Salem, MA, 01970

YEAR BUILT

2004

# STORIES

1

# TOTAL UNITS

26

UNIT SIZE RANGE

1,151-1,706 sqft

Description

Salem Waterfront Condominiums sits at 225 Derby St in Salem, MA. This low-rise building has 1 story and overlooks the Atlantic Ocean. The intersection of Bridge Street and Boston Street lies close by, providing easy access to local roads. The property was built in 2004 and features 26 individual units. Unit sizes range from 1,151 to 1,706 square feet. Configurations include either 1 or 2 bedrooms. Pricing for units varies, with listings between $749,000 and $829,000. The lowest price for a sold unit in the last year was around $675,000. The average price per square foot stands at $464. On-site amenities create an active lifestyle. Residents can enjoy a pool, fitness center, and tennis courts. A sauna and steam room provide relaxation options. Nearby walking paths offer access to nature and outdoor activities. For golf lovers, a golf course and recreation facilities nearby attract many. Public schools, including Network Telecommunications Con, are part of the community. The Salem Haunted House and Brodies Seaport are local attractions for entertainment and dining. Access to public transportation facilitates easy travel around the area. Units typically spend about 64 days on the market before selling. This property offers a mix of modern living along with outdoor recreational opportunities. The waterfront views enhance the appeal, providing a tranquil atmosphere in a desirable location.

Building ImageMLS ID #73415103
Building ImageMLS ID #73415103
Building Image
Building ImageView Listing

Salem Waterfront Condomiums

225 Derby St., Salem, MA, 01970

YEAR BUILT

2004

# STORIES

1

# TOTAL UNITS

26

UNIT SIZE RANGE

1,151-1,706 sqft

Description

Salem Waterfront Condominiums sits at 225 Derby St in Salem, MA. This low-rise building has 1 story and overlooks the Atlantic Ocean. The intersection of Bridge Street and Boston Street lies close by, providing easy access to local roads. The property was built in 2004 and features 26 individual units. Unit sizes range from 1,151 to 1,706 square feet. Configurations include either 1 or 2 bedrooms. Pricing for units varies, with listings between $749,000 and $829,000. The lowest price for a sold unit in the last year was around $675,000. The average price per square foot stands at $464. On-site amenities create an active lifestyle. Residents can enjoy a pool, fitness center, and tennis courts. A sauna and steam room provide relaxation options. Nearby walking paths offer access to nature and outdoor activities. For golf lovers, a golf course and recreation facilities nearby attract many. Public schools, including Network Telecommunications Con, are part of the community. The Salem Haunted House and Brodies Seaport are local attractions for entertainment and dining. Access to public transportation facilitates easy travel around the area. Units typically spend about 64 days on the market before selling. This property offers a mix of modern living along with outdoor recreational opportunities. The waterfront views enhance the appeal, providing a tranquil atmosphere in a desirable location.

Next

Description

Salem Waterfront Condominiums sits at 225 Derby St in Salem, MA. This low-rise building has 1 story and overlooks the Atlantic Ocean. The intersection of Bridge Street and Boston Street lies close by, providing easy access to local roads. The property was built in 2004 and features 26 individual units. Unit sizes range from 1,151 to 1,706 square feet. Configurations include either 1 or 2 bedrooms. Pricing for units varies, with listings between $749,000 and $829,000. The lowest price for a sold unit in the last year was around $675,000. The average price per square foot stands at $464. On-site amenities create an active lifestyle. Residents can enjoy a pool, fitness center, and tennis courts. A sauna and steam room provide relaxation options. Nearby walking paths offer access to nature and outdoor activities. For golf lovers, a golf course and recreation facilities nearby attract many. Public schools, including Network Telecommunications Con, are part of the community. The Salem Haunted House and Brodies Seaport are local attractions for entertainment and dining. Access to public transportation facilitates easy travel around the area. Units typically spend about 64 days on the market before selling. This property offers a mix of modern living along with outdoor recreational opportunities. The waterfront views enhance the appeal, providing a tranquil atmosphere in a desirable location.

Salem Waterfront Condomiums Key Stats Last 12 months

Avg. Listed Price$709,900($488/Sqft.)
Avg. Sale Price$675,000($464/Sqft.)
Year over year list priceUp Arrow11.97%
Year over year sale priceUp Arrow 10.66%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market64 days
Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceUp Arrow11.97%
Year over year sale priceUp Arrow10.66%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market64 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

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

-
Units in high-demand buildings sell quicker.

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.

For Sale 0 For Sale

Salem Waterfront Condomiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 6056051701129792010-05-26
MLS#: 70651387 		Closed$710,000
Unit 6056051706222072006-01-30
MLS#: 70221461 		Closed$829,000
Unit 5015011648221862005-03-15
MLS#: 70088767 		Closed$749,000
Unit 501
501

2 Beds

2 Baths

1648 sqft

DateStatusPrice
2005-03-15Closed$749,000
MLS#: 70088767
Days On Market186
Unit 605
605

1 Beds

2 Baths

1701 sqft

DateStatusPrice
2010-05-26Closed$710,000
MLS#: 70651387
Days On Market979
Unit 605
605

2 Beds

2 Baths

1706 sqft

DateStatusPrice
2006-01-30Closed$829,000
MLS#: 70221461
Days On Market207
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

When it comes to amenities, Salem Waterfront Condominiums does not disappoint. Imagine waking up and having access to a refreshing pool to start your day, or letting off some steam in the fitness center. If you’re feeling competitive, enjoy a match at the tennis courts, or try your hand at a round of golf nearby. On lazy weekends, take advantage of the beautiful bike paths or explore the conservation areas around you. With such a robust set of features, living here feels like a continuous vacation. There is also convenient elevator access for easy movement within the building.

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Amenities Description

When it comes to amenities, Salem Waterfront Condominiums does not disappoint. Imagine waking up and having access to a refreshing pool to start your day, or letting off some steam in the fitness center. If you’re feeling competitive, enjoy a match at the tennis courts, or try your hand at a round of golf nearby. On lazy weekends, take advantage of the beautiful bike paths or explore the conservation areas around you. With such a robust set of features, living here feels like a continuous vacation. There is also convenient elevator access for easy movement within the building.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Security System

Security System

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Balcony

Balcony

Policies

While considering a move, it's important to be aware of building policies. For Salem Waterfront Condominiums, rules around restrictions are quite accommodating, making it an enjoyable place for all residents to thrive.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Salem Waterfront Condomiums$464/sqft.$3 /sqft.
225 Derby St$464/sqft.$3 /sqft.
80 Wharf St$364/sqft.$4 /sqft.
2 Hawthorne Blvd$491/sqft.$5 /sqft.
Union Street Condominium$492/sqft.$3 /sqft.
11 Kosciusko Street$291/sqft.$6 /sqft.

Nearby Schools

Salem Waterfront Condomiums is located near 20+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|0.2 miles away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|0.24 miles away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|0.24 miles away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|0.42 miles away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|0.48 miles away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|0.72 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Salem Waterfront Condomiums is located near 20+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|Less than 1 Mile Away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|Less than 1 Mile Away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|Less than 1 Mile Away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|Less than 1 Mile Away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|Less than 1 Mile Away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|Less than 1 Mile Away

Salem Early Childhood

--
Public|Grades PK–KG
25 Memorial Dr|Less than 1 Mile Away

Carlton

C
Public|Grades KG–5
10 Skerry St|Less than 1 Mile Away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|Less than 1 Mile Away

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|1.29 Miles Away

Horace Mann Laboratory

C
Public|Grades KG–5
79 Willson St|1.36 Miles Away

Salem High School

D+
Public|Grades 9–12
77 Willson St|1.46 Miles Away

Witchcraft Heights

D
Public|Grades KG–5
1 Frederick St|1.62 Miles Away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|1.65 Miles Away

Village School

C
Public|Grades 3–6
93 Village St|1.68 Miles Away

L H Coffin

--
Public|Grades 1–2
1 Turner Rd|1.74 Miles Away

Tower School

--
Private|Grades PK–8
75 W Shore Dr|1.75 Miles Away

Childrens Workshop Montessori

--
Private|Grades PK–KG
53 Robert Rd|1.78 Miles Away

Mrs Alexander's School

--
Private|Grades PK–KG
80 Lothrop St|1.93 Miles Away

Bishop Fenwick High School

--
Private|Grades 9–12
99 Margin St|1.97 Miles Away

Transit

Situated in Derby Street/Waterfront District, Salem Waterfront Condomiums offers convenient access to city-wide public transportation. Nearby Bus, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

11 Bridge St

1.06 miles away|21 min walk

46 Cabot St

1.57 miles away|31 min walk

81 Highland Ave @ Salem Hospital

1.13 miles away|22 min walk

Beverly

1.87 miles away|36 min walk

Beverly City Hall

1.97 miles away|38 min walk

Beverly - Park St

1.87 miles away|36 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in Derby Street/Waterfront District, Salem Waterfront Condomiums offers convenient access to city-wide public transportation. Nearby Bus, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

11 Bridge St

1.06 miles away|21 min walk

46 Cabot St

1.57 miles away|31 min walk

81 Highland Ave @ Salem Hospital

1.13 miles away|22 min walk

Beverly

1.87 miles away|36 min walk

Beverly City Hall

1.97 miles away|38 min walk

Beverly - Park St

1.87 miles away|36 min walk

Bridge St @ Ames St

1.06 miles away|21 min walk

Bridge St @ Cromwell St

0.8 miles away|16 min walk

Bridge St @ March St

0.86 miles away|17 min walk

Bridge St @ Osgood St

0.83 miles away|16 min walk

Bridge St @ Saunders St

0.59 miles away|12 min walk

Bridge St @ Skerry St

0.74 miles away|15 min walk

Bridge St @ Thorndike St

0.97 miles away|19 min walk

Cabot St @ Franklin Pl

1.84 miles away|36 min walk

Cabot St & Highland Ave

1.77 miles away|34 min walk

Cabot St opp Highland Ave

1.79 miles away|35 min walk

Cabot St opp May St

1.74 miles away|34 min walk

Cabot St @ Railroad Ave

1.83 miles away|36 min walk

Cabot St @ Stone St

1.59 miles away|31 min walk

Cabot St @ Thorndike St

1.98 miles away|38 min walk

Cabot St @ Vestry St

1.88 miles away|36 min walk

Central St opp Walnut St

1.99 miles away|39 min walk

Central St @ Walnut St

1.98 miles away|38 min walk

Commuter Rail Station - Beverly

1.87 miles away|36 min walk

Essex St @ Beckford St

0.62 miles away|12 min walk

Essex St @ Flint St

0.74 miles away|15 min walk

Essex St @ Hamilton st

0.62 miles away|12 min walk

Essex St @ Monroe St

0.68 miles away|14 min walk

Essex St opp Monroe St

0.67 miles away|13 min walk

Essex St opp Warren St

0.86 miles away|17 min walk

Essex St @ Summer St

0.5 miles away|10 min walk

Essex St @ Warren St

0.85 miles away|17 min walk

Hawthorne Blvd @ Derby St

0.05 miles away|1 min walk

Hawthorne Blvd @ Essex St

0.17 miles away|4 min walk

Hawthorne Blvd @ Washington Sq S

0.19 miles away|4 min walk

Highland Ave @ Cherry Hill Ave

1.35 miles away|26 min walk

Highland Ave @ Hawthorne Sq

1.95 miles away|38 min walk

Highland Ave opp Proctor St

1.05 miles away|21 min walk

Highland Ave @ Proctor St

1.05 miles away|21 min walk

Highland Ave @ Salem Hospital

1.16 miles away|23 min walk

Highland Ave @ Valley St

1.45 miles away|28 min walk

Highland Ave @ Willson St

1.35 miles away|26 min walk

Lafayette @ Leavitt St

0.43 miles away|9 min walk

Lafayette St @ Cedar St

0.39 miles away|8 min walk

Lafayette St @ Clifton Ave

0.93 miles away|18 min walk

Lafayette St @ Forest Ave

0.94 miles away|18 min walk

Lafayette St @ Hancock St

0.53 miles away|11 min walk

Lafayette St @ Harbor St

0.27 miles away|6 min walk

Lafayette St @ Holly St

0.64 miles away|13 min walk

Lafayette St @ Laurel St

0.74 miles away|15 min walk

The Neighbourhood: Derby Street/Waterfront District

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.

Next

Neighbourhood Description

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.

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Salem Waterfront Condomiums Demographics

Age Demographics

0–14 Years

16.08%

15–29 Years

21.35%

30–44 Years

24.44%

45–59 Years

18.1%

60+ Years

20.03%

Commute

7.47%

Transit

10.3%

Walk

62.35%

Drive

0.86%

Bike

Housing Ownership

36.78%

Owner Occupied

63.22%

Rental Units

Household Types

Single Family
23.15%
Multi Family
3.88%
Single Person
38.71%
Multi Person
61.29%

Average Income

Household:$6,332,707.6 /yr

Individual:$4,475,047.56 /yr

Education

Bachelors Degree27.72%
High School College18.53%
Diploma4.84%
Post Graduate20.95%
Others27.95%
Next

Education

Diploma4.84%
Post Graduate20.95%
Others27.95%
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    Salem Waterfront Condomiums
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