Sold

51 Lafayette St Unit 506, Salem, MA

Salem · MA 01970

$570,000
Price
2
Beds
2
Baths
1510
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $471 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal
Special Assessment
Unknown
Floor: 5th floor
Accessibility: Elevator
Pets: Pets (Restrictions)
Parking: 2 Garage Spaces
Heating & cooling: Heat, AC
Laundry: In Unit Laundry
Outdoor space: No Outdoor Space
Views: Canal Views

About this home

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

Neighborhood & Transit

51 Lafayette St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.37 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
467 days
Listing Price:
$570,000
Price per Sq.Ft:
$377
Tax Assessment:
$540,700 in 2025
Taxes:
$511 / Monthly
HOA Fee:
$471 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
5th | Upper, Middle
Views
Waterview
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,510 Sq.Ft
Kitchen
Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Primary Bedroom
En-suite bathroom
Laundry
In Unit
Living levels
1
Rooms
5
Above grade area
1510
Flooring
Wood
Lead paint
Unknown

Utilities

Heating Type
Forced Air
Heating Zone
1
Cooling
Central Air
Cooling Zones
1
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Unknown

Exterior Features

Outdoor Space
No
Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
None

Home Owner Association information

Restrictions
Unknown
HOA
$471 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal
Special Assessment
Unknown
Pets allowed
Yes w/ Restrictions
Association pool
No

Listing information

Listing agent
Jennifer Gelfand
Listing office
Keller Williams Realty Boston-Metro | Back Bay
MLS PIN #
73409350
Disclosure
Unit comes with 2 parking spaces, leased annually, for the South Harbor Garage at a cost of $270 each per year, ($200 for Seniors). Spots are first come first serve. Seller has paid for phase 1 of large capital project.

More homes at this address