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56 Peabody Street, Salem MA 01970

Salem, MA 01970 • Downtown
$325,000
Est. $2,448/month
2
Beds
1
Baths
835
Sq Ft
$389
Price/Sq Ft
1915
Year Built
12 hours 1 minute
Time on Market
Active Open House Listed Jun 24, 2026 • MLS# 73538856 Copied!

About this home

Great first time buyer unit. Elegant new hardwood floors throughout (2020). Corner unit with lots of natural light and views of Pickering wharf area. 2 Bedrooms or 1 bedroom with a den or office. Large closets, new kitchen (2020), clean and bright. Make this condo your home and walk to transportation (.6 Miles), Salem Visitors Center is .2 miles, restaurants, coffee places, and the ocean and marina. Salem Harbor Walk-Arts district of Salem with famous Murals along Peabody Street is outside your door. Includes ONE assigned off street parking spot. Agent is related to seller.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
835 sq ft
Total Rooms
5
Stories
4
Entry Level
3

Open House Schedule

28
Jun
Sunday, June 28
12:00 PM - 2:00 PM EDT

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 835 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Central, Baseboard, Oil
Cooling None
Flooring Wood
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features High Speed Internet

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,455
Assessed Value $233,000

Interior Features

Flooring: Wood
Appliances: Range, Microwave, Refrigerator
Interior Features: High Speed Internet
Windows:
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1915
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Central, Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, T-Station

Location

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Neighborhood

Downtown

56 Peabody Street, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $205
Homeowners Insurance $200
HOA Fee $400/mo
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

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jun 24, 2026
New showing requirements
🏠
Listed for Sale
Jun 24, 2026
$325,000
Original listing
Office: Stuart St James, Inc.

Price & Status History

Date Event Price Change
Jun 24, 2026 New Listing Added $325,000

Market Statistics

Time on Market
12 hours 1 minute
Price per Sq Ft
$389

Tax History

Year Taxes Assessment
2026 $2,455 $233,000

Financial Details

Annual Property Tax
$2,455
Tax Year 2026
HOA Fee
$400
Monthly
Assessed Value
$233,000

Listing Information

Listing Agent Karen O'Brien
Listing Office Stuart St James, Inc.
Agent MLS ID CN218414
Office MLS ID AC1022
Listing Data Updated Jun 24, 2026 8:38 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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Market Analytics for Salem, MA

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