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40 R Highland Avenue # 1, Salem MA 01970

Salem, MA 01970
$1,100
Est. $206/month
1
Baths
380
Sq Ft
$3
Price/Sq Ft
0
Lot Sq Ft
12 hours 35 minutes
Time on Market
Active Listed Mar 18, 2026 • MLS# 73488528 Copied!

About this home

Elderly Communities (62+ years of age) - Welcome to Fairweather Apartments located in four scenic North Shore locations including: Beverly, Danvers, Peabody and Salem. Each building offers parking, laundry facilities, spacious community rooms, 24-hour emergency response. These affordable housing buildings are eligible to low-income ELDERLY households. Easy access to local attractions, including beautiful beaches and national parks, historic sites, restaurants and recreation areas. Minimum income requirement: $29,0400 / Maximum income: $69,480. *Single occupancy only *Multiple studio units available. *Actual unit may have different layout. *Restricted income units. *Pictures reflect a mix of the buildings. Located in Beverly: 245 Elliot Street, Danvers: 11 Porter Street, Peabody: 20 Central Street, Salem: 40R Highland Avenue. Utilities Included (heat/hot water/electric/wifi)!! ****Ask about SPRING SPECIAL (1st month free and $100 off each addition 11 months for remainder of 1st yr)

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Property Overview

Property Type
Apartment
Listing Type
For Rent
Full Bathrooms
1
Living Area
380 sq ft
Total Rooms
1
Entry Level
2

Facts & Features

Home Facts

Type Residential Lease
Style Apartment
Living Area 380 sq ft
Lot Size 0.00
Full Baths 1
Total Rooms 1

Interior

Heating Forced Air
Cooling None
Flooring None
Appliances Range, Refrigerator, Freezer
Fireplace None
Basement None
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 1

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

No financial details available

Interior Features

Flooring:
Appliances: Range, Refrigerator, Freezer
Interior Features:
Windows:
Basement:
Laundry: Common Area, In Building
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating: Forced Air
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Location

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Neighborhood

40 R Highland Avenue # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.4 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.5 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
0.7 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Saltonstall School
0.8 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B+
Bates School
1.4 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
1.5 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
1.7 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.7 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.1 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.1 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
0.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 18, 2026
$1,100
Original listing
Agent: Katherine Crabtree Office: Keller Williams Coastal

Price & Status History

Date Event Price Change
Mar 18, 2026 New Listing Added $1,100

Market Statistics

Time on Market
12 hours 35 minutes
Price per Sq Ft
$3

Tax History

Year Taxes Assessment
Tax history not available

Listing Information

Listing Agent Katherine Crabtree
Listing Office Keller Williams Coastal
Agent MLS ID CN223401
Office MLS ID AN7117
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

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40 R Highland Avenue # 1, Salem MA 01970 - Photo 1 40 R Highland Avenue # 1, Salem MA 01970 - Photo 2 40 R Highland Avenue # 1, Salem MA 01970 - Photo 3 40 R Highland Avenue # 1, Salem MA 01970 - Photo 4 40 R Highland Avenue # 1, Salem MA 01970 - Photo 5
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