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59 Leach St # 2, Salem MA 01970

Salem, MA 01970
$499,900
Est. $3,350/month
4
Beds
1.5
Baths
1,480
Sq Ft
$338
Price/Sq Ft
1920
Year Built
Condominium
Type
110
Days on Market
Pending Price Drop -$30,000 Listed Oct 15, 2025 • MLS# 73444026 Copied!

About this home

Incredible Opportunity!! Exceptionally Maintained 4 Bedroom, 1.5 Bathroom Condominium Just Steps From The Ocean and Vibrant Downtown Salem! Perfect For Owner Occupied or Investment, This Spacious Home Combines Historic Charm With Generous Square Footage and a Low Condo Fee! Sun-Filled Living Room Opens to the Formal Dining Room With Built-Ins and Gleaming Hardwood Floors. Large Eat-In Kitchen Features Gas Cooking, Granite Countertops, Stainless Steel Appliances and Ample Cabinetry. Serene Primary Suite With Half Bath. 3 Additional Bedrooms and a Full Tiled Bathroom Complete The Layout, Along With Convenient In-Unit Laundry. Enjoy Your Private Front Deck and The Recently Rebuilt Expansive 30ft Back Deck! 1-Car Garage and 1 Off-Street Parking Space Add Everyday Convenience. Minutes to Salem State University, Forest River Park With a Public Pool, Shops, Dining and More! Experience The Best Of Coastal Living and All That Salem Has To Offer In This Beautiful Home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,480 sq ft
Total Rooms
7
Stories
1
Entry Level
2

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,480 sq ft
Bedrooms 4
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,703
Assessed Value $414,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Internet Available - Broadband
Windows:
Basement: Y
Laundry: Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 1985
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Paved

Location

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Neighborhood

59 Leach St # 2, 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

3 schools
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
The Greenhouse School
1.0 mi
Grades PK-08
C-
Horace Mann Laboratory School
1.1 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
M

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
1.3 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
1.7 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
H

High Schools

3 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
1.2 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
A-
Marblehead High School
1.7 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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 $392
Homeowners Insurance $200
HOA Fee $230/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

📋
Status: Active under contract
Jan 22, 2026
Active → Active Under Contract
⏳
Pending Sale
Jan 20, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Oct 15, 2025
$499,900
Original listing
Agent: Anna Budai-Louf Office: Toner Real Estate, LLC

Price & Status History

Date Event Price Change
Jan 22, 2026 Status: Active under contract $0 —
Oct 15, 2025 New Listing Added $499,900 —

Market Statistics

Days on Market
110 days
Price per Sq Ft
$338
Total Price Drop
-$30,000

Tax History

Year Taxes Assessment
2025 $4,703 $414,700

Financial Details

Annual Property Tax
$4,703
Tax Year 2025
HOA Fee
$230
Monthly
Assessed Value
$414,700

Listing Information

Listing Agent Anna Budai-Louf
Listing Office Toner Real Estate, LLC
Agent MLS ID CN244762
Office MLS ID AC1714
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

Real-time market trends and pricing data for this area

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