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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.
Current real estate data for Condo in Salem as of Oct 07, 2025
82
Condo Listed
79
Avg DOM
440
Avg $ / SqFt
$580,545
Avg List Price

Property Details

Price:
$749,000
MLS #:
73426999
Status:
Pending
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
Sep 6, 2025
Finished Sq Ft:
1,520
Total Sq Ft:
1,520
Lot Size:
20,752 sqft / 0.48 acres (approx)
Year Built:
2003
TennisDerby LoftsPets Allowed

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Laundry Features
In Unit, Gas Dryer Hookup, Washer Hookup

Exterior

Association Amenities
Elevator(s)
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
Construction Materials
Stone
Exterior Features
Deck, Balcony, City View(s)
Parking Features
Deeded, Common, Leased
Roof
Rubber
Security Features
Intercom, TV Monitor, Security Gate

Financial

HOA Fee
$559
HOA Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2025
Taxes
$6,635

Map

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Property Summary

    51 Lafayette St # 609 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $749,000 and features 2 beds, 2 baths, and has approximately 1,520 square feet of living space, and was originally constructed in 2003. The current price per square foot is $493. The average price per square foot for Condo listings in Salem is $440. The average listing price for Condo in Salem is $580,545. To schedule a showing of MLS#73426999 at 51 Lafayette St # 609 in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
51 Lafayette St # 609
Salem, MA