Under Contract

51 Lafayette Street #606

Salem, MA 01970

$649,000 $2,736/Mo

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Overview

Bed

Bath

1,250

Sqft

Description

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 momen ts 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!

Property Details

Property Type : Residential

Price : $649,000

AD Id : 80053526

MLS Id : 73529994

Beds : 2

Living Area Size : 1,250

Year Built : 2003

County : Essex

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Bedroom 2 Dimensions: 13x11 Total beds: 2

Bathroom Information

Total Baths: 2 Full Baths: 2

Kitchen Information

Kitchen Dimensions: 11x8 Kitchen Room Remarks: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island

Room Information

Total Bedroom: 2 Living Room Dimensions: 23x13
Flooring Information

Tile, Hardwood, Flooring - Hardwood
Roofing Information

Tar/Gravel, Rubber
Interior Features

Closet, Entrance Foyer Roof: Tar/Gravel, Rubber Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer Laundry Features: First Floor, In Unit
Heating & Cooling

Heating: Forced Air, Natural Gas, Unit Control Cooling: Central Air WaterSource: Public

Building Information

Year Built: 2003 Construction Materials: Stone Security System: Intercom Basement: N
Exterior Features

Balcony

Lot Information

Lot Size Units: Acres Waterfront: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public) Stories: 1

Property Information

Property Type: Residential Sub Type: CondominiumStructure Type: Garden SQ ft (Living Area): 1,250

Listing Price Information

Original Listing Price: $649000

Tax Information

Tax Lot: 850 Parcel Number: 4611703 Annual Tax: $5976

Parking Information

Parking Total: 2 Leased

Homeowners Association Information
Included Fees: Water, Sewer, Insurance, Maintenance Structure, Snow Removal Included Amenities: Elevator(s) HOA: $636.00 Monthly

Senior High School: Salem High
Utility Information

for Gas Range
Location Information

Direction: Corner of New Derby Street and Lafayette

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
96 Derby Street #1, Salem, MA, 01970	$424,999	2	2	971	971 SqFt
125 Derby Street #D, Salem, MA, 01970	$559,000	2	2	1,416	1,416 SqFt
33 Essex St #1, Salem, MA, 01970	$295,000	1	1	571	571 SqFt
1 Turner St #1, Salem, MA, 01970	$525,000	2	2	930	930 SqFt
49 Essex St #2R, Salem, MA, 01970	$549,900	2	1	1,087	1,087 SqFt
245 Lafayette Street #1H, Salem, MA, 01970	$399,900	2	1	879	879 SqFt
80 Linden St #80, Salem, MA, 01970	$654,000	4	3	2,091	2,091 SqFt
10 1/2 Herbert Street #21, Salem, MA, 01970	$335,000	1	1	494	494 SqFt
56 Ward St #3B, Salem, MA, 01970	$335,000	2	1	1,056	1,056 SqFt
16 Leavitt Street #3, Salem, MA, 01970	$425,000	3	1	972	972 SqFt

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ByOwner last updated this listing 06/12/2026 @ 10:13

MLS: 73529994 LISTED BY: The Stead Team, Gibson Sotheby's International Realty 978-255-3569 SOURCE: MLS Property Information Network