56 Peabody Street, Salem MA 01970
Salem, MA 01970 • Downtown
$325,000
Est. $2,448/month
About this home
Great first time buyer unit. Where can you find a clean, renovated unit with a view like this for this price? 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. Basement has coin-op washers and dryers. Only 8 units in the building. Small & private outdoor deck area. No pets. 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. HOA fee $400./month. On Lockbox. Show anytime.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jul 22, 2026
New showing requirements
Showing Instructions Updated
Jun 24, 2026
New showing requirements
Listed for Sale
Jun 24, 2026
$325,000
Original listing
Office: Stuart St James, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/22/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/24/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/24/2026 | 🏠 Listed for Sale | $325,000 | - | - | Original listing |
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
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
HOA & Community
HOA Fee
$400 Monthly
Fee Includes
Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities
Hot Water, Laundry
Optional Fee Includes
None
Owner-Occupied Units
3
Down Payment Resource
Eligible
Pets
No
MA Disclosures
Seller Disclosures
See Attached Seller Disclosure, Seller On Board Of Homeowners Association. Hoa Fee Covers Normal Maintenance Of Oil Tanks.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Mid-Rise"]
Unit/Building
3-E
Sq Ft Source
Field Card
Sq Ft Disclosures
Unit has a main entrance and a back door that is accessed from Ward Street.
Documents
Master Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance, Other (see Remarks) (4)
County
Essex
Total market time (incl. prior listings)
28 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
835 sq ft above grade
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
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
3 schools
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+
Bentley Academy Innovation School
0.9 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
0.9 mi
106 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
3 schools
C+
Collins Middle School
0.8 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
B+
Village School
1.6 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
2.0 mi
|
#83 of 352
|
Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students
Less Diverse
Grades 07-08
High Schools
3 schools
B+
Salem Academy Charter School
0.2 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
Bishop Fenwick High School
1.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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HOA Fee
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Location
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Neighborhood
Downtown
56 Peabody Street, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Karen O'Brien
Listing Office
Stuart St James, Inc.
Office Phone
617-819-5850
Agent MLS ID
CN218414
Office MLS ID
AC1022
Listing Data Updated
Jul 22, 2026 2:01 PM 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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