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.
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
Owner options
What's special
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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$589,100