Fabulous sunny, southeast side, corner unit with water views! Experience modern luxury living at its finest at the Derby Lofts Condos located on Lafayette Street in beautiful historic Salem. Enjoy easy living with two bedrooms, two bathrooms in an open layout with new appliances and an updated primary bath. Walls of glass and picture window overlook Derby Street and the South River Canal. The building provides two high-speed elevators for convenience and specialty shops, boutiques, and restaurants on the first floor, but there’s also plenty of shopping and dining options nearby. For commuters, the complex is in close proximity to commuter rail and the Boston Harbor Ferry. Unit comes with two parking passes to the municipal Harbor Street garage.

Property Details

Price:
$589,000
MLS #:
73387368
Status:
Active
Beds:
2
Baths:
2
Address:
51 Lafayette Street # 304
Type:
Condo
Subtype:
Condominium
Neighborhood:
Downtown
City:
Salem
Listed Date:
Jun 7, 2025
State:
MA
Finished Sq Ft:
1,620
Total Sq Ft:
1,620
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
Third Floor, In Unit

Exterior

Association Amenities
Elevator(s)
Community Features
Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Marina, Public School, T- Station, University
Construction Materials
Stone
Exterior Features
City View(s)
Parking Features
Detached
Parking Spots
2
Roof
Shingle

Financial

HOA Fee
$501
HOA Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Tax Year
2025
Taxes
$5,855

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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 Street # 304
Salem, MA