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51 Lafayette St Unit 304, Salem, MA

Salem · MA 01970

$589,000
Price
2
Beds
2
Baths
1620
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $501 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds
Special Assessment
No
Floor: 3rd floor
Accessibility: Elevator
Pets: Pet Friendly
Parking: 2 Garage Spaces · 2 Off Street Spaces
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Views: Harbor, River · City Views

About this home

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.

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:
513 days
Listing Price:
$589,000
Price per Sq.Ft:
$364
Tax Assessment:
$516,300 in 2025
Taxes:
$488 / Monthly
HOA Fee:
$501 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
3rd | Corner
Views
Waterview, City Views
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,620 Sq.Ft
Kitchen
Floor 3, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Primary Bedroom
Floor 3, En-suite bathroom
Laundry
In Unit, Floor 3
Living levels
1
Rooms
4
Above grade area
1620
Flooring
Wood, Tile
Lead paint
None

Utilities

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

Exterior Features

Outdoor Space
Unknown
Features
City View(s)

Parking

Garage Parking
2 Parking Spaces, Detached
Off Street Parking
2 Parking Spaces

Home Owner Association information

Restrictions
Smoking - In Common Areas
HOA
$501 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds
Special Assessment
No
Pets allowed
Yes

Room details

Living room level
Third Floor
Dining room level
Third Floor
Bedroom 2 level
Third Floor
Bathroom 1 level
Third Floor
Bathroom 2 level
Third Floor

Listing information

Listing agent
Sophie Soman
Listing office
LandVest, Inc., Manchester -by-the-Sea
MLS PIN #
73387368
Disclosure
Unit comes with 2 parking passes for the South Harbor Garage @ a cost of $270 each / year, $200 for Seniors. Spots are first come first serve. Current assessment to be paid by owner.

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