Derby Street Multifamily Home for Sale

The Derby Street neighborhood in Salem, Massachusetts, features homes primarily built in the mid to late 1800s, originally for workers like sailmakers and carpenters. Many of these Colonial Revival and New Englander-style homes have been converted into multiunit properties, often with front doors turned away from the street to save on taxes. The area has limited yard space and is experiencing rising water levels, prompting city efforts to protect homes. The Salem Maritime National Historic Site, the first of its kind in the U.S., includes 12 historic buildings and the Friendship of Salem vessel. Nearby, the House of the Seven Gables offers guided tours, and Winter Island, less than 2 miles away, provides camping, sailing, and beach activities. Collins Cove Park features pickleball and basketball courts. Pickering Wharf, with over 30 storefronts, offers dining options like Finz and Longboard, while Mercy Tavern is a local favorite for steak tips and cocktails. The Salem Arts Festival and the Salem Jazz & Soul Festival are notable annual events. The neighborhood is walkable, with sidewalks lining many streets, and the Salem Commuter Rail Station is a mile away. Major roads like Essex Street and U.S. Route 1 are nearby, and the Salem Ferry offers a scenic commute to Boston. Logan International Airport is 17 miles away, and Salem Hospital is 2 miles west. Educational options include the highly-rated Salem Academy Charter School, known for its college prep courses and community service.