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51 Lafayette Street Unit 505, Salem, MA

Salem · MA 01970

$547,000
Price
2
Beds
2
Baths
1336
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $501 / mo
HOA Fees Include
Master Insurance, Exterior Maintenance
Special Assessment
Unknown
Floor: 5th floor
Accessibility: Elevator
Pets: Pet Friendly
Parking: 1 Garage Space
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Outdoor space: Private Outdoor
Views: Harbor, River · City Views

About this home

Loft style urban living awaits you at Derby Loft Condominiums! Sitting above the hustle and bustle on the 5th floor, is an open and sundrenched South facing two-bedroom, two full bathroom condominium with soaring ceilings, hardwood floors and rarely available spacious private balcony with water-views. Entertain in style in your open concept kitchen showcasing granite counters, maple cabinets & stainless-steel appliances. Beautiful custom electronic blinds in every window, closets with an abundance of built-in shelving and drawers, newer HVAC and hot water system add to value. This Spring watch the boats emerge on the harbor from every window as the landscape changes. The sunrises, full moon as well as the 4th of July fireworks are breathtaking from the balcony. Immerse yourself in the history of Salem, the amazing bakeries, restaurants and museums (which are free to Salem residents). Lastly, don't forget the Salem Ferry and Commuter Rail to Boston are just blocks away.

Neighborhood & Transit

51 Lafayette Street, 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:
1651 days
Listing Price:
$535,000
Price per Sq.Ft:
$400
Tax Assessment:
$443,700 in 2022
Taxes:
$490 / Monthly
HOA Fee:
$501 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
5th | Upper, Front
Facing Direction
South
Views
Waterview, City Views
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,336 Sq.Ft
Broker Disclosure about Living Area
Does not include 121 SF balcony. 3 photos are virtually staged.
Kitchen
Main Floor, Peninsula, Upgraded Cabinets, Stone Countertops, Flooring - Hardwood, Flooring - Wood, Recessed Lighting, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Walk-in Closet, Flooring - Hardwood, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
4
Above grade area
Unknown
Flooring
Tile, Hardwood
Lead paint
None

Utilities

Heating Type
Forced Air, Gas
Heating Zone
1
Cooling
Central Air
Cooling Zones
1
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Circuit Breakers

Exterior Features

Outdoor Space
Yes - Private
Features
Deck, Deck - Composite, Balcony, City View(s)

Parking

Garage Parking
1 Parking Space
Off Street Parking
None, Off-Street

Home Owner Association information

Restrictions
Unknown
HOA
$501 / Monthly
HOA Includes
Master Insurance, Exterior Maintenance
Special Assessment
Unknown
Pets allowed
Yes
Security
Intercom
Association pool
No

Room details

Living room level
First Floor
Living room dimensions
21X16
Living room features
Flooring - Hardwood, Window(s) - Picture, Main Level, Deck - Exterior, Exterior Access, Open Floor Plan
Kitchen dimensions
9X11
Primary bedroom dimensions
11X14
Bedroom 2 level
First Floor
Bedroom 2 dimensions
8X11
Bedroom 2 features
Closet - Walk-in, Flooring - Hardwood
Bathroom 1 level
First Floor
Bathroom 1 dimensions
5X11
Bathroom 1 features
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2 level
First Floor
Bathroom 2 dimensions
5X9
Bathroom 2 features
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing information

Listing agent
M.A & Company
Listing office
Leading Edge Real Estate
MLS PIN #
72956159
Disclosure
2nd bedroom has been opened up to living room, a short amount of partition and a door would be needed to re-establish it as a 2nd bedroom. . Condo will require interior painting. Parking is leased at South Harbor Garage.
Disclosure
Does not include 121 SF balcony. 3 photos are virtually staged.