The Derby Lofts 51 Lafayette St, Salem, MA 01970
View Map
$570,000
2 Beds
2 Baths
1510 SQFT
Acres: N/A
$471 HOA

Property Description

Spectacular light, beautiful views, soaring ceilings, and so much more is what you get with this 5th floor unit at the Derby Lofts, in the heart of downtown Salem! Gaze out to water views on the South River Canal, experience ease of commute with proximity to the Commuter Rail and Boston Harbor Ferry. Dine at Bernadette, Adriatic, Howling Wolf, and so many more restaurants and shops that are in such close proximity. The open airy floorplan is both dramatic yet functional. A large living/dining space can accommodate ample furniture, formal dining and more. The fully applianced kitchen with newer stainless steel appliances, granite counters and wood cabinetry is comfortable for those days when not dining out! A large bonus room is ideal for an office or additional storage. The laundry room holds a full sized washer/dryer. Both bedrooms boast large picture windows, generous closets, including a walk in for the primary. 2 elevators, central AC, pet friendly and gated drive thru for drop off

Property Details tap to expand

Amenities

  • Amenities: Conservation Area, Marina, Medical Facility, Park, Public Transportation, Shopping, T-Station, University
  • Association Fee Includes: Elevator, Exterior Maintenance, Master Insurance, 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: 5

Utilities

  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Cooling: Central Air
  • Cooling Zones: 1
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 1510
  • Unit Building: 506
  • Unit Level: 5
  • Unit Placement: Upper
  • Floors: 1
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: The Derby Lofts
  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 62
  • Number of Units Owner Occupied: 52
  • Owner Occupied Data Source: management
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $471
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2003
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Construction Type: Brick, Stone/Concrete
  • Roof Material: Rubber
  • UFFI: Unknown
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Spaces: 2

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73409350
  • Last Updated: 07/25/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/24/2025New$570,000$377MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Jennifer Gelfand, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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 2025-07-25 03:30:00

Related Properties