Derby Lofts 51 Lafayette Street, Salem, MA 01970
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$649,000
2 Beds
2 Baths
1250 SQFT
Acres: N/A
$636 HOA

Property Description

Perched above the heart of Historic Salem in the desirable Derby Lofts, you will find this exceptional penthouse unit with stunning water views. This sophisticated residence showcases 2 spacious bedrooms and 2 full baths, soaring ceilings, exposed ductwork, an airy open-concept design living space, with walls of windows that fill the home with incredible natural light. The stylish urban feel blends perfectly with the warmth & comfort of this unique residence. Updates include a New Top of the line Bosch HVAC system and Navien high efficiency tankless water heater in 2023. Step outside onto the expansive private balcony, take in the incredible view while enjoying morning coffee or evening cocktails, a great spot to unwind! Derby Lofts is a pet friendly, elevator equipped building. Just moments from the Waterfront, Peabody Essex Museum, boutique shopping, exceptional restaurants, MBTA commuter rail and so much more! This fabulous Penthouse delivers the ultimate downtown coastal lifestyle!

Property Details tap to expand

Amenities

  • Amenities: Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University
  • Association Fee Includes: Elevator, Exterior Maintenance, Master Insurance, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Kitchen Dimensions: 11X8
  • Kitchen Level: First Floor
  • Countertops - Stone/Granite/Solid, Dining Area, Flooring - Hardwood, Kitchen Island
  • Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Bathrooms

  • Full Baths: 2
  • Master Bath: 1
  • Bathroom 1 Dimensions: 10X6
  • Bathroom 1 Level: First Floor
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Dimensions: 9X5
  • Bathroom 2 Level: First Floor
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile

Bedrooms

  • Bedrooms: 2
  • Master Bedroom Dimensions: 18X13
  • Master Bedroom Level: First Floor
  • Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Bedroom 2 Dimensions: 13X11
  • Bedroom 2 Level: First Floor
  • Master Bedroom Features: Closet, Flooring - Hardwood

Other Rooms

  • Total Rooms: 4
  • Living Room Dimensions: 23X13
  • Living Room Level: First Floor
  • Living Room Features: Deck - Exterior, Flooring - Hardwood

Utilities

  • Heating: Forced Air, Gas, Unit Control
  • Cooling: Central Air
  • Electric Info: Circuit Breakers
  • Utility Connections: for Gas Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1250
  • Unit Building: 606
  • Unit Level: 6
  • Security: Intercom
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Derby Lofts
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 55
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $636
  • Fee Interval: Monthly

Construction

  • Year Built: 2003
  • Style: Garden
  • Construction Type: Stone/Concrete
  • Roof Material: Rubber, Tar & Gravel
  • Flooring Type: Hardwood, Tile
  • Lead Paint: None, Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: Leased
  • Parking Spaces: 2

Exterior & Grounds

  • Exterior Features: Balcony
  • Pool: No
  • Waterfront Features: Ocean
  • Distance to Beach: 1 to 2 Mile
  • Beach Ownership: Public

Other Information

  • MLS ID# 73529994
  • Last Updated: 06/09/26
  • Master Book: 20398
  • Master Page: 223

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/09/2026Contingent$649,000$519MLSPIN
06/08/2026Active$649,000$519MLSPIN
06/04/2026New$649,000$519MLSPIN
03/09/2007Active$417,000$334MLSPIN

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Seller's Representative: The Stead Team, Gibson Sotheby's International Realty
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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MLS PIN data last updated at 2026-06-09 19:42:00

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