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5 Ropes # 1, Salem MA 01970

Salem, MA 01970
$2,800
Est. $214/month
3
Beds
1
Baths
1,100
Sq Ft
$3
Price/Sq Ft
100
Lot Sq Ft
Apartment
Type
30
Days on Market
Active Listed Nov 28, 2025 • MLS# 73458081 Copied!

About this home

Available now! Renovated 3-bedroom apartment in a professionally managed building on Ropes Street in downtown Salem. This spacious unit offers modern updates while preserving the historic character of the building. Features include: off street parking, a private deck, gas heating, common laundry, and additional storage in basement. Located minutes from Pickering Wharf waterfront, Palmer Cove Park, Salem State University, and Salem MBTA Station for an easy Boston commute. Move-in costs are only first month’s rent and security deposit, no broker's fee or prepaid last month’s due at signing. Utilities not included. Pets negotiable. A rare opportunity to rent a beautifully updated 3-bedroom in downtown Salem with flexible upfront costs, schedule a showing today!

Property Overview

Property Type
Apartment
Listing Type
For Rent
Bedrooms
3
Full Bathrooms
1
Living Area
1,100 sq ft
Total Rooms
5
Entry Level
1

Facts & Features

Home Facts

Type Residential Lease
Style Apartment
Living Area 1,100 sq ft
Lot Size 100 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
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:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
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

5 Ropes # 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
0.9 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
B-
Saltonstall School
0.3 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
C-
Horace Mann Laboratory School
1.0 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-
Carlton School
1.1 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
1.1 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
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.3 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+
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
M

Middle Schools

1 school
C+
Collins Middle School
0.6 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
0.4 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
1.1 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

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Current Rate
$0/mo
+0.5% Rate
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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
Nov 28, 2025
$2,800
Original listing
Agent: Alex Rice Office: North Shore Realty Advisors

Price & Status History

Date Event Price Change
Nov 28, 2025 New Listing Added $2,800 —

Market Statistics

Days on Market
30 days
Price per Sq Ft
$3

Tax History

Year Taxes Assessment
Tax history not available

Listing Information

Listing Agent Alex Rice
Listing Office North Shore Realty Advisors
Agent MLS ID CN206625
Office MLS ID AN7007

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Market Analytics for Salem, MA

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5 Ropes # 1, Salem MA 01970 - Photo 1 5 Ropes # 1, Salem MA 01970 - Photo 2 5 Ropes # 1, Salem MA 01970 - Photo 3 5 Ropes # 1, Salem MA 01970 - Photo 4 5 Ropes # 1, Salem MA 01970 - Photo 5 5 Ropes # 1, Salem MA 01970 - Photo 6 5 Ropes # 1, Salem MA 01970 - Photo 7

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