51 Lafayette St # 506, Salem MA 01970

Salem, MA 01970
$570,000
Est. $3,034/month
2
Beds
2
Baths
1,510
Sq Ft
$377
Price/Sq Ft
2003
Year Built
Condominium
Type
3
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73409350

About this home

Spectacular light, beautiful views, soaring ceilings, and so much more is what you get with this 5th floor unit at the Derby Lofts, in the heart of downtown Salem! Gaze out to water views on the South River Canal, experience ease of commute with proximity to the Commuter Rail and Boston Harbor Ferry. Dine at Bernadette, Adriatic, Howling Wolf, and so many more restaurants and shops that are in such close proximity. The open airy floorplan is both dramatic yet functional. A large living/dining space can accommodate ample furniture, formal dining and more. The fully applianced kitchen with newer stainless steel appliances, granite counters and wood cabinetry is comfortable for those days when not dining out! A large bonus room is ideal for an office or additional storage. The laundry room holds a full sized washer/dryer. Both bedrooms boast large picture windows, generous closets, including a walk in for the primary. 2 elevators, central AC, pet friendly and gated drive thru for drop off

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,510 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Interior Features

Flooring
Wood
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Laundry Features
In Unit
Basement Details
N

Exterior & Structure

Construction Materials
Brick, Stone
Roof
Rubber
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Marina, T-Station, University
HOA Fee
$471
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,132
Tax Year
2025
Tax Assessed Value
$540,700
Parcel Number
4656136
Zoning
R

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Derby Lofts
Common Walls
2+ Common Walls
Attached Property
Yes
Disclosures
Unit comes with 2 parking spaces, leased annually, for the South Harbor Garage at a cost of $270 each per year, ($200 for Seniors). Spots are first come first serve. Seller has paid for phase 1 of large capital project.

Location

Loading map...

Neighborhood

51 Lafayette St # 506, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $511
Homeowners Insurance $200
HOA Fee $471
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 25, 2025
$570,000
Original listing
Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
Jul 25, 2025 New Listing Added $570,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$377

Tax History

Year Taxes Assessment
2025 $6,132 $540,700

Financial Details

Annual Property Tax
$6,132
Tax Year 2025
HOA Fee
$471
Monthly
Assessed Value
$540,700

Listing Information

Listing Agent Jennifer Gelfand
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID BB800178
Office MLS ID BB5522

Similar Homes

51 Lafayette St # 506, Salem MA 01970 - Photo 1 51 Lafayette St # 506, Salem MA 01970 - Photo 2 51 Lafayette St # 506, Salem MA 01970 - Photo 3 51 Lafayette St # 506, Salem MA 01970 - Photo 4 51 Lafayette St # 506, Salem MA 01970 - Photo 5 51 Lafayette St # 506, Salem MA 01970 - Photo 6 51 Lafayette St # 506, Salem MA 01970 - Photo 7 51 Lafayette St # 506, Salem MA 01970 - Photo 8 51 Lafayette St # 506, Salem MA 01970 - Photo 9 51 Lafayette St # 506, Salem MA 01970 - Photo 10 51 Lafayette St # 506, Salem MA 01970 - Photo 11 51 Lafayette St # 506, Salem MA 01970 - Photo 12 51 Lafayette St # 506, Salem MA 01970 - Photo 13 51 Lafayette St # 506, Salem MA 01970 - Photo 14 51 Lafayette St # 506, Salem MA 01970 - Photo 15 51 Lafayette St # 506, Salem MA 01970 - Photo 16 51 Lafayette St # 506, Salem MA 01970 - Photo 17 51 Lafayette St # 506, Salem MA 01970 - Photo 18 51 Lafayette St # 506, Salem MA 01970 - Photo 19 51 Lafayette St # 506, Salem MA 01970 - Photo 20 51 Lafayette St # 506, Salem MA 01970 - Photo 21 51 Lafayette St # 506, Salem MA 01970 - Photo 22 51 Lafayette St # 506, Salem MA 01970 - Photo 23 51 Lafayette St # 506, Salem MA 01970 - Photo 24 51 Lafayette St # 506, Salem MA 01970 - Photo 25

Contact Agent

Schedule a Tour