56 Peabody St # 2W, Salem MA 01970

Salem, MA 01970
$399,000
Est. $2,124/month
2
Beds
1
Baths
825
Sq Ft
$484
Price/Sq Ft
1915
Year Built
Condominium
Type
57
Days on Market
Active Price Drop -$10,900 Listed Sep 26, 2025 • MLS# 73411337

About this home

Looking for a Salem condo that feels move-in ready and close to everything? This updated corner unit has it all — style, natural light, and a location that makes daily life easy. The open layout offers a sunny living and dining area with high ceilings and large windows, a well-appointed kitchen with tile flooring, pantry, and access to a private porch for morning coffee or evening unwinding. Two comfortable bedrooms include a spacious primary with a walk-in closet, and the full bath features in-unit laundry hookups for convenience. Updates like newer windows, fresh vinyl plank flooring, and freshly painted, private deck make this one easy and enjoyable. One assigned off-street parking space plus extra guest and street parking make it easy to come and go. All within a short walk to the commuter rail, Salem’s vibrant downtown, the waterfront, museums, shops, multiple parks and restaurants. Don’t wait — opportunities in this sought-after location aren't to be missed!

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
825 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Flooring
Tile, Vinyl
Heating
Baseboard, Oil, Natural Gas, Individual, Unit Control
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Entrance Foyer
Laundry Features
Electric Dryer Hookup, Washer Hookup, Second Floor, In Building, In Unit
Basement Details
Y

Exterior & Structure

Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Harbor, Ocean
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Deeded

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails
HOA Fee
$400
HOA Fee Frequency
Monthly
Association Amenities
Laundry
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,385
Tax Year
2025
Tax Assessed Value
$298,500
Parcel Number
M:34 L:0380 S:804,2135871
Zoning
R

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
56 Peabody Street Condominium
Common Walls
2+ Common Walls, Corner
Disclosures
Pets require written condo association approval. Property is located in FEMA Flood Zone AE; see attached flood insurance policy. Buyer and buyer’s agent to perform due diligence.
Exclusions
See Property Pack Under Mls Paperclip.

Location

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Neighborhood

56 Peabody St # 2W, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Bates Es
Rating information coming soon
Middle School
Collins Ms
Rating information coming soon
High School
Salem Hs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $282
Homeowners Insurance $200
HOA Fee $400
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 30, 2025
$399,000
Original listing
Agent: Susan Sells Team Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Jul 30, 2025 New Listing Added $399,000

Market Statistics

Days on Market
57 days
Price per Sq Ft
$484
Total Price Drop
-$10,900

Tax History

Year Taxes Assessment
2025 $3,385 $298,500

Financial Details

Annual Property Tax
$3,385
Tax Year 2025
HOA Fee
$400
Monthly
Assessed Value
$298,500

Listing Information

Listing Agent Susan Sells Team
Listing Office Keller Williams Realty
Agent MLS ID TM009560
Office MLS ID G95022

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