72 Derby St Salem, MA 01970
Derby Street NeighborhoodEstimated payment $5,876/month
Highlights
- Marina
- Property is near public transit
- Living Room
- Harbor Views
- Wood Flooring
- 3-minute walk to Swiniuch Park
About This Home
Outstanding 3 Family in the historic Derby St neighborhood. Right around the corner from the Salem Boston Ferry Landing and close to Pickering Wharf, Salem Commons, Salem Willows, MBTA commuter Rail Service and Downtown Salem with all its shops and restaurants. Seasonal harbor views. Each unit has approx. 1100 Sq Ft of living area with nice layouts with 2 bedrooms, kitchen dining area and spacious living rooms.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,262
Year Built
- Built in 1915
Lot Details
- 2,544 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,468 Sq Ft Home
- Property has 1 Level
- Living Room
- Wood Flooring
- Harbor Views
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Choice Elementary School
- Collins Middle School
- SHS Or Charter High School
Utilities
- No Cooling
- Forced Air Heating System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 2137878
Community Details
Recreation
- Marina
Additional Features
- 3 Units
- Coin Laundry
- Net Operating Income $69,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,262 | $728,600 | $166,100 | $562,500 |
| 2024 | $7,712 | $663,700 | $166,100 | $497,600 |
| 2023 | $7,450 | $595,500 | $152,000 | $443,500 |
| 2022 | $7,432 | $560,900 | $146,400 | $414,500 |
| 2021 | $7,142 | $517,500 | $138,000 | $379,500 |
| 2020 | $6,682 | $462,400 | $123,900 | $338,500 |
| 2019 | $6,547 | $433,600 | $112,600 | $321,000 |
| 2018 | $6,009 | $390,700 | $104,700 | $286,000 |
| 2017 | $5,821 | $367,000 | $98,500 | $268,500 |
| 2016 | $5,461 | $348,500 | $80,000 | $268,500 |
| 2015 | $5,435 | $331,200 | $80,000 | $251,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2025 10/25/25 | Pending | -- | -- | -- |
| 10/21/2025 10/21/25 | For Sale | $989,000 | -- | $285 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $335,000 | -- | |
| Deed | $178,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $226,000 | No Value Available | |
| Closed | $251,250 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73445872
APN: SALE-000041-000000-000097
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