5 Derby Sq Salem, MA
$ 499,900
Property Attributes
  • MLS#72772468
  • TypeCondos
  • CountyESSEX
  • CitySalem
  • Zip01970
  • Style
  • Year Built1900
  • Taxes6380
  • Price$ 499,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1754
Listing Provided Courtesy Of:
Patricia Marcotte with RE/MAX 360.
Property Description

This unit is located in the heart of downtown Salem in the c.1817 former home of the Bancroft Tavern. This unique unit has the tavern’s original fireplace & built in bar. The kitchen boasts stainless appliances, granite counters and spacious bar that seats 6. Large pantry half bath, sauna and laundry complete the lower level. The street level offers two bedroom and large bath with jacuzzi tub. In addition you have a private outdoor patio. Condo fee includes heat and hot water. This fabulous unit is perfect for city lovers.

High School
Salem High School
Price History
1/7/2021 Listed $496

General Features

Amenities Public Transportation, Shopping, Park, T-Station
Appliances Range, Dishwasher, Disposal, Refrigerator
Association Fee Includes Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance
Association Pool No
Beach Description Harbor
Condominium Name 5-7 Derby Square Condominium
Construction Brick
Cooling Central Air
Cooling Zones 1
Distance to Beach in Miles 1/2 to 1 Mile
Electrical Equipment/Features Circuit Breakers
Flooring Wood, Wall to Wall Carpet
HOA Fee 496.00
Heat Zones 1
Heating Forced Air, Gas
High School Salem
Insulation Unknown
Pets Allowed Yes
Sewer City/Town Sewer
Square Feet 1754.00
State Massachusetts
Style Other (See Remarks)
Utility Connections for Electric Range, for Electric Oven

Interior Features

Fireplaces 1
Hot Water Natural Gas
Interior Features Cable Available
Kitchen Description Countertops - Stone/Granite/Solid
Laundry Level Basement
Master Bedroom Level First Floor
Number of Full Baths 1
Number of Half Baths 1

Exterior Features

Exterior Brick
Exterior Unit Features Patio - Enclosed
Roof Material Slate


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01970

AVG $430K
AVG $4,740
AVG 17
Year Built
AVG 1925

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