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Home Massachusetts Condos for Sale

51 Lafayette St Salem, MA 01970
Contingent
21
$749,000
Condo Name: Derby Lofts
2 Beds 2 Baths
HOA
$559
SQFT
1520
51 Lafayette St
Salem, MA 01970
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Property Description

Derby Lofts rare 1,520± SF corner penthouse with 161± SF private balcony in Downtown Salem, just 5 blocks to commuter rail and minutes to the Boston Harbor Ferry. Enjoy the best sunsets in Salem from soaring 10’+ ceilings, dramatic windows, and sweeping city views. A 2024 kitchen renovation features new appliances, maple butcher block counters, a soapstone wet zone with custom sink, open shelving, custom cabinetry with pull-outs, exposed brick, and industrial lighting. Living/dining area with floor-to-ceiling custom bookcase and ladder. Primary suite with 2023 spa-inspired bath—walk-in shower, marble hex tile, new vanity, fixtures, and lighting—plus lime-washed brick accent, chandelier reading nook, and electric fireplace. Balcony with new decking. Building amenities include 2 elevators, skylit atrium, and secure entry. Two covered garage parking spaces available by lease (first-come, first-served). Shops, dining, PEM, waterfront, and arts venues at your doorstep.
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Property Details

Amenities

  • Amenities: House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Association Fee Includes: Elevator, Exterior Maintenance, Landscaping, Master Insurance, Refuse Removal, Reserve Funds, Security, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Bathrooms

  • Full Baths: 2
  • Master Bath: 1

Bedrooms

  • Bedrooms: 2

Other Rooms

  • Total Rooms: 4

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Central Air
  • Electric Info: 110 Volts, Circuit Breakers
  • Utility Connections: Washer Hookup, for Electric Oven, for Gas Dryer, for Gas Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1520
  • Unit Building: 609
  • Unit Level: 6
  • Interior Features: Elevator, Internet Available - Unknown
  • Security: Intercom, Security Gate, TV Monitor
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Derby Lofts
  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 54
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $559
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2003
  • Style: High-Rise
  • Construction Type: Stone/Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Common, Deeded
  • Garage Spaces: 2
  • Parking Features: Common, Deeded, Leased

Exterior & Grounds

  • Exterior Features: Balcony, City View(s), Deck
  • Pool: No
  • Waterfront Features: Harbor
  • Distance to Beach: 1 to 2 Mile
  • Beach Ownership: Public

Other Information

  • MLS ID# 73426999
  • Last Updated: 09/13/25
  • Documents on File: Association Financial Statements, Management Association Bylaws, Master Deed, Rules & Regs, Unit Deed

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Map

Seller's Representative: Sophie Soman, LandVest, Inc., Manchester -by-the-Sea
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-09-13 16:42:00

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