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Sold for $589,000 on 10/01/25
  • $589,000

    51 Lafayette St UNIT 304, Salem, MA 01970

    2beds
    1,620sqft
    Condominium
    Built in 2003
    -- sqft lot
    $589,100 Zestimate®
    $364/sqft
    $2,713 Estimated rent

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    $4,060/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 01, 2025 at 06:20am

    Listed by:

    Sophie Soman,

    LandVest, Inc., Manchester -by-the-Sea

    Bought with:

    Diantha Phothisan

    Engel & Volkers By the Sea

    Source: MLS PIN,MLS#: 73387368

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Third
    Bedroom 2
    • Level: Third
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Level: Third
    Bathroom 2
    • Level: Third
    Dining room
    • Level: Third
    Kitchen
    • Level: Third
    Living room
    • Level: Third
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Third Floor, In Unit
    Features
    • Elevator
    • Flooring: Wood, Tile
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 1,620
    • Total interior livable area: 1,620 sqft
    • Finished area above ground: 1,620

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Exterior features: City View(s)
    • Has view: Yes
    • View description: City
    • Waterfront features: Beach Ownership(Public)
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: M:34 L:0485 S:815,4656142
    • Zoning: B5

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stone
    • Roof: Shingle
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $501 monthly
    • Amenities included: Elevator(s)
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
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    Estimated market value
    $589,100