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51 Lafayette St Unit 606, Salem, MA

Salem · MA 01970

$649,000
Price
2
Beds
2
Baths
1250
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $636 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal
Special Assessment
Unknown
Floor: 6th · Penthouse
Accessibility: Elevator
Pets: Pet Friendly
Parking: 2 Off Street Spaces
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Views: Harbor, Ocean Views

About this home

Perched above the heart of Historic Salem in the desirable Derby Lofts, you will find this exceptional penthouse unit with stunning water views. This sophisticated residence showcases 2 spacious bedrooms and 2 full baths, soaring ceilings, exposed ductwork, an airy open-concept design living space, with walls of windows that fill the home with incredible natural light. The stylish urban feel blends perfectly with the warmth & comfort of this unique residence. Updates include a New Top of the line Bosch HVAC system and Navien high efficiency tankless water heater in 2023. Step outside onto the expansive private balcony, take in the incredible view while enjoying morning coffee or evening cocktails, a great spot to unwind! Derby Lofts is a pet friendly, elevator equipped building. Just moments from the Waterfront, Peabody Essex Museum, boutique shopping, exceptional restaurants, MBTA commuter rail and so much more! This fabulous Penthouse delivers the ultimate downtown coastal lifestyle!

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:
153 days
Listing Price:
$649,000
Price per Sq.Ft:
$519
Tax Assessment:
$527,000 in 2025
Taxes:
$498 / Monthly
HOA Fee:
$636 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
6th | Top/Penthouse
Views
Waterview
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,250 Sq.Ft
Kitchen
Main Floor, Eat-in Kitchen, Kitchen Island, Stone Countertops, Flooring - Hardwood, Dishwasher, Range, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Full Bathroom, Closet, Flooring - Hardwood, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
4
Above grade area
1250
Flooring
Tile, Hardwood
Lead paint
None, Unknown

Utilities

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

Exterior Features

Outdoor Space
Unknown
Features
Balcony

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces, Leased

Home Owner Association information

Restrictions
Unknown
HOA
$636 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal
Special Assessment
Unknown
Pets allowed
Yes
Security
Intercom
Association pool
No

Room details

Living room level
First Floor
Living room dimensions
23X13
Living room features
Flooring - Hardwood, Deck - Exterior
Kitchen dimensions
11X8
Primary bedroom dimensions
18X13
Bedroom 2 level
First Floor
Bedroom 2 dimensions
13X11
Bedroom 2 features
Closet, Flooring - Hardwood
Bathroom 1 level
First Floor
Bathroom 1 dimensions
10X6
Bathroom 1 features
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2 level
First Floor
Bathroom 2 dimensions
9X5
Bathroom 2 features
Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing information

Listing agent
The Stead Team
Listing office
Gibson Sotheby's International Realty
MLS PIN #
73529994
Disclosure
Parking is in city garage and rented. 2 In/Out passes- $540/year. Buyers to do their own due diligence to verify all information. Listing Agent is related to Seller.

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