55 Perkins St, Salem MA 01970
Salem, MA 01970 • Downtown
$799,900
$775,000
Est. $4,736/month
About this home
Welcome to Studio 55, a masterfully converted shoe factory transformed into a 1,925 sqft single-family masterpiece. This rare architectural gem perfectly blends industrial grit with luxury living. The versatile first floor features exceptional space for an art studio, workshop, office, or gym, complemented by a rare, heated 2-car garage plus 2 off-street spaces. Head upstairs to a jaw-dropping residential sanctuary defined by, exposed brick, sandblasted timber beams, and red oak floors. The open-concept main level offers seamless flow between the kitchen, dining, and living areas perfect for gatherings with oversized windows. It features 2 spacious bedrooms including a primary with custom storage and a beautifully appointed bath. The crowning jewel is the private rooftop terrace, ideal for entertaining with views toward Salem Harbor. Just moments from downtown’s dining, shops, museums, and commuter rail, this is a true unicorn property with undeniable soul!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
36.5%
Price Range
2
Previous Sales
Property Timeline
Price Reduced
Jun 19, 2026
$775,000
$24,900
(-3.11%)
From $799,900 to $775,000 (-3.1%)
Showing Instructions Updated
Jun 9, 2026
New showing requirements
Listed for Sale
Jun 9, 2026
$799,900
Original listing
Agent: Janine Wuschke
Office: Keller Williams Realty
Previous Transaction - MLS #73155503
Full transaction history available when tracking began
Previously Sold
Oct 27, 2023
$615,000
MLS #73155503
Previous Transaction - MLS #72261014
Full transaction history available when tracking began
Previously Sold
Mar 1, 2018
$508,000
MLS #72261014
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/19/2026 | ↓ Price Reduced | $775,000 | $24,900 | - | From $799,900 to $775,000 (-3.1%) |
| 06/09/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/09/2026 | 🏠 Listed for Sale | $799,900 | - | - | Original listing |
| 10/27/2023 | 🏷️ Previously Sold | $615,000 | - | - | MLS #73155503 |
| 03/01/2018 | 🏷️ Previously Sold | $508,000 | - | - | MLS #72261014 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,407 | $580,900 |
Financial Details
Annual Property Tax
$7,407
Tax Year 2026
Assessed Value
$580,900
Facts & Features
2 Car Garage
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1915
Living Area
1,925 sq ft
Lot Size
0.04 acres
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Baseboard, Natural Gas, Other
Cooling
Window Unit(s)
Flooring
Hardwood
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other
Fireplace
None
Basement
None
Laundry
Electric Dryer Hookup, Washer Hookup, First Floor
Features
Bonus Room
Exterior
Construction
Brick
Architecture
Other (see Remarks)
Roof
Rubber
Features
Deck - Roof
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Roof
Parking
Garage Spaces
2
Has Garage
Yes
Features
Attached, Garage Door Opener, Storage, Workshop In Garage, Paved Drive, Shared Driveway, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer
Financial
Annual Tax
$7,407
Assessed Value
$580,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Flood Insurance Is Required. // 4 Heat Zones (2 Forced Air On 1st Floor, 2 Hot Water Baseboard On 2nd Floor). Window A/c Units In Primary Bedroom And Main Living Area. Subject To The Seller Finding Suitable Housing. A Property Is Under Contract.
Exclusions
See Inclusion/Exclusion Under Mls Paperclip.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Red Brick
Sq Ft Source
Public Record
Sq Ft Disclosures
Room measurements are approximate; buyer and buyers agent to perform own due diligence.
Documents
None
County
Essex
Total market time (incl. prior listings)
14 days
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,925 sq ft
Total Rooms
5
Levels
Multi/Split
Room Details
Second Floor
Bathroom1
11 x 5
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink
Dining Room
15 x 26
Flooring - Wood, Open Floorplan, Lighting - Sconce
Kitchen
9 x 20
Closet/Cabinets - Custom Built, Open Floorplan, Stainless Steel Appliances, Lighting - Sconce
Bedroom2
15 x 9
Exterior Access
Living Room
15 x 26
Flooring - Wood, Open Floorplan, Lighting - Sconce
Master Bedroom
17 x 16
Closet - Linen
Other Floor
Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Hardwood
Appliances:
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other
Interior Features:
Bonus Room
Windows:
Basement:
Laundry:
Electric Dryer Hookup, Washer Hookup, First Floor
Security:
Construction & Materials
Style:
Other (See Remarks)
Year Built:
1915
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Concrete Perimeter, Slab
Heating, Cooling & Utilities
Heating:
Forced Air, Baseboard, Natural Gas, Other
Heating Zones:
4
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck - Roof
Patio & Porch:
Deck - Roof
Fencing:
Other Structures:
Lot Features:
Easements
Road Surface:
Parking & Garage
Garage Spaces:
2
Garage Type:
Attached
Total Parking Spaces:
4
Parking Features:
Attached, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Shared Driveway, Off Street
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront, Harbor, Walk to, Access, Marina, Public, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Community Amenities:
Public Transportation, Shopping, Park, Marina, Public School, University
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
Elementary Schools
9 schools
The Phoenix School
1.2 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
B-
Saltonstall School
0.2 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+
Bentley Academy Innovation School
1.0 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
1.0 mi
106 students
Diverse
Diverse Student Body
Grades PK
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-
Horace Mann Laboratory School
1.2 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+
Bates School
1.6 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
Witchcraft Heights School
1.6 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
Middle Schools
1 school
C+
Collins Middle School
0.9 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
High Schools
2 schools
B+
Salem Academy Charter School
0.1 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
1.3 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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Year 15
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Location
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Neighborhood
Downtown
55 Perkins St, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Janine Wuschke
Listing Office
Keller Williams Realty
Office Phone
978-475-2111
Agent MLS ID
CN205140
Office MLS ID
G95022
Listing Data Updated
Jun 23, 2026 3:05 AM EDT
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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