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.

Property Details

Price:
$749,000
MLS #:
73426999
Status:
Active Under Contract
Beds:
2
Baths:
2
Address:
51 Lafayette St # 609
Type:
Condo
Subtype:
Condominium
City:
Salem
Listed Date:
Sep 6, 2025
State:
MA
Finished Sq Ft:
1,520
Total Sq Ft:
1,520
ZIP:
01970
Lot Size:
20,752 sqft / 0.48 acres (approx)
Year Built:
2003

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, T V 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

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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.,…

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51 Lafayette St # 609
Salem, MA