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Residential Income Property with Private Entry
For Sale
$379,000

96 Derby Street, Salem, MA 01970

Condominium residence with an open layout, two bedrooms, abundant natural light, and access to shared outdoor space.

Property SizeContact for details
Days on Market181

Property Features for 96 Derby Street

General Information

Standard status Active
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

Wood
Tile
Baseboard, Natural Gas
3.0 Stories
$4,111 Taxes
Public
Built in 1900

Building Details

Year Built 1900
Listing Agency: Century 21 North East Homes
Listed By: Sean Reid
Source: Donahuere
Added: Apr 1 Changed: Sep 9 Last Checked: Sep 26 at 3:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East Homes

Investment Insights

Based on property information with market context.

Built in 1900, this condominium residence offers an open floor plan, two bedrooms, substantial natural light, and a private entrance. The property also includes access to shared outdoor space, and the association permits pets.

The home is located at 96 Derby Street in Salem, across from the Salem Ferry and within walking distance of the MBTA Commuter Rail. Nearby destinations include Salem State University, Salem Common, Salem Willows, Pickering Wharf, Forest River Park, and downtown Salem, with its restaurants, shops, attractions, and entertainment venues.

Key Highlights

  • Condominium residence constructed in 1900
  • Two bedrooms with an open floor plan and strong natural light
  • Private entrance and shared outdoor space

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,292
Businesses Nearby

Demographics for 01970, MA

44,451
Population
20,920
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
92%
High-School Grad
8.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$85,189
Median Household Income
$52,024
Median Earnings
$1,800
Median Rent
$497,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium residence with an open layout, two bedrooms, abundant natural light, and access to shared outdoor space.
Where is this residential income property located?
The property is located at 96 Derby Street Salem, MA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Condominium residence constructed in 1900; Two bedrooms with an open floor plan and strong natural light; Private entrance and shared outdoor space
More about this property
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