Derby Loft Condominiums

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Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem's vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you're looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England's most historic and walkable cities.

More Info

Basic Information

  • Bedrooms2
  • Mls StatusUnder Agreement
  • Bathroom2
  • Contingency Pending P&S
  • Parcel Number M:34 L:0485 S:807,4533462
  • Unit Number207

Tax Information

  • Tax Assessed Value $525,700
  • Tax Year 2026
  • Taxes$5,630

Parking

  • Parking Spaces
  • Parking Features Leased

Rooms

  • Bathroom 1 First,4.833333333 x 8.5
  • Bathroom 2 First,5.583333333 x 9.75
  • Bathrooms Total Decimal 2
  • Bedroom 2 Main, First,9.5 x 21.916666666
  • Dining Room Main, First,12.416666666 x 15.666666666
  • Full Bath2
  • Kitchen Main, First,10.916666666 x 8.75
  • Living Room Main, First,15.083333333 x 16.083333333
  • Main Level Bedrooms 2
  • Master Bedroom Main, First,9.833333333

Basic Information

  • List Price$579,000
  • MLS Number73508113
  • Modification Date05/19/2026
  • Property SubTypeCondominium
  • Purchase Contract Date05/05/2026
  • Virtual TourView Tour

Location

  • SubdivisionDerby Loft Condominiums
  • Address51 Lafayette Street
  • Building Number51
  • CountyEssex
  • StateMA
  • StreetLafayette Street
  • TownSalem
  • Zip01970

Building

  • BasementN
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Entry Level 2
  • Property NameDerby Loft Condominiums
  • Rooms4
  • Stories1
  • Utilities For Gas Range, For Electric Oven, For Gas Dryer
  • Year Built2003
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.48

Interior

  • Flooring Tile, Hardwood, Flooring - Hardwood
  • Interior Features Closet, Open Floorplan, Entrance Foyer, Elevator

Exterior

  • Exterior Features City View(s)
  • RoofRubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers,200+ Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet1,527
  • Building Area Source Public Records
  • Living Area 1,527
  • Lot Size Square Feet 20,752
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Mid-Rise
  • View YN Yes

Amenities

  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Refrigerator, Washer, Dryer
  • Association Amenities Elevator(s)
  • Other AmenitiesGolf, Tennis
  • PetsYes
  • Security Features Intercom

Water Body

  • Waterfront Features Ocean

Legal

  • ZoningB5

Other

  • Association Fee $502
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Insurance
    • Maintenance Structure
    • Reserve Funds
    • Sewer
    • Snow Removal
    • Trash
    • Water
  • Date Listed04/28/2026
  • Farm Land Area Units Square Feet
  • Other Equipment Intercom
  • View Count4

Map Location

Driving Directions

Listed by Joyce Sullivan of Serhant

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