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  1. Home/
  2. Salem, MA/
  3. Derby Lofts

Derby Lofts

51 Lafayette St., Salem, MA, 01970

0 Units for Sale

Building imageView Listing
MLS ID #73310118
Building ImagesView ListingMLS ID #73310118
Building ImagesView ListingMLS ID #73310118
Building ImagesView ListingMLS ID #73237685
Building ImagesView ListingMLS ID #73237685
YearBuilt

Year Built

1908

Stories

# Stories

1

#TotalUnits

# Total Units

77
UnitSizeRange

Unit Size Range

982-1,766 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About Derby Lofts

Derby Lofts, located at 51 Lafayette St., is a distinct single-story condominium building constructed in 1908. Derby Lofts offers 1 and 2-bedroom units, with prices starting at $589,000, providing a blend of historic charm and modern convenience. The building features a range of amenities tailored to diverse lifestyles, including tennis courts, a golf course, and access to a bike path The presence of elevator access facilitates ease of movement, while available parking adds extra convenience for residents. For those with an active lifestyle, proximity to a conservation area and a park enhances the living experience, offering opportunities for recreation and relaxation. Public transportation options are readily available, ensuring connectivity to broader urban amenities and services. The inclusion of stable facilities adds a unique characteristic to the property, catering to equestrian enthusiasts. Located in a prime area with convenient highway access, Derby Lofts ensures seamless travel to nearby destinations around the city. This historic property embodies a unique residential opportunity, combining modern amenities with timeless architectural appeal.

Building imageView Listing
MLS ID #73310118
Building ImagesView ListingMLS ID #73310118
Building ImagesView ListingMLS ID #73310118
Building ImagesView ListingMLS ID #73237685
Building ImagesView ListingMLS ID #73237685

Amenities

Living at Derby Lofts means access to an array of fantastic amenities that will enhance your lifestyle. The building features not only a pool and a tennis court but also a bike path, perfect for those sunny afternoons when you want to be outside. If you’re a golf enthusiast, the nearby golf course will surely be a hit. The convenience of elevator access cannot be understated, and the abundance of nearby parks and conservation areas adds to the appeal of this lovely locale. It’s easy to envision yourself soaking up the sun by the pool or enjoying leisurely walks around the community.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

As with any community living, Derby Lofts has certain building policies in place. There are some restrictions to keep the environment pleasant for everyone, which is a plus for first-time buyers looking for a harmonious living experience.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Derby Lofts Market Report (last 12 months)

Avg. List Price
$589,000 ($363/Sqft.)
Year-Over-Year List Price
Up Arrow 7.16%
Total Listings
Listings1
Avg. Days On Market
Calendar100
Avg. Sale Price
$537,000 ($424/Sqft.)
Year-Over-Year Sale Price
Down Arrow 5.46%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$4 /monthly

Demographics For all The Point listings

AVERAGE RESIDENT AGE

38 years old

AVERAGE HOUSEHOLD INCOME

$65,591/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about The Point demographics:

  • Approximately 27.83% of adults in the area hold a bachelor's degree or higher.
  • The average age of residents is around 38 years.
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Living in Derby Lofts

Condo Living at Derby Lofts, located at 51 LAFAYETTE ST.,SALEM,MA:

Are you a first-time homebuyer dreaming of a cozy yet stylish space? Look no further than Derby Lofts, located at 51 Lafayette Street in Salem, Massachusetts. This charming condo building was constructed in 1908, offering a historic feel combined with modern living. With just a single story, Derby Lofts creates an intimate atmosphere, making it a perfect place for young professionals, couples, and small families.

Building Features and Unit Availability:

Derby Lofts features a total of 77 units, ranging in size from 982 to 1,766 square feet. As a first-time buyer, the variety in size means you can find something that fits your lifestyle and budget. While there are currently no available units for sale, the building's past sales indicate strong demand, with units that sold quickly and averaged out around $559,500.

Life at Derby Lofts:

Imagine waking up in your chic condo, stepping out to vibrant Salem at your doorstep. The neighborhood boasts a welcoming community vibe with plenty of options for shopping and cozy eateries. You’ll find the Salem Community Child Care Center just a hop away, perfect for families. For shopping needs, both Banville Optical Inc and Ace Hardware are conveniently located nearby, satisfying the everyday necessities.

  1. Home/
  2. Salem, MA/
  3. Derby Lofts
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