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$589,000
2
Beds
2
Baths
1,620
Living Area
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Property Description
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.
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Highlights
- Area: Downtown
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Parking Spots: 4
- Property Type: Condominium
- Total Rooms: 4
- Year Built: 2003
- Building Name: Derby Lofts
- Has View: Yes
- HOA Fee: $500
- Property Class: Residential
- Stories: 1
- Unit Number: 304
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Construction: Stone
- Flooring: Wood, Tile
- Pets Allowed: Yes
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
- Basement: N
- Exterior Features: City View(s)
- Interior Features: Elevator
- Roof: Shingle
- Total Number of Units: 54
- Year Built Details: Actual
- Zoning: B5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
- Parking Features: Detached
- Covered Parking Spaces: 2
- Waterfront Features: Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $516,300
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- Taxes: $5,855
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Engel & Volkers By the Sea.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
