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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
1
Parking
12
Days on Market
Active Listed Jun 24, 2026 • MLS# 73538856 Copied! • Updated Jun 28, 2026

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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Recently Sold Nearby

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.

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
Features Off Street, Assigned
Total Spaces 1
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
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
Seller Disclosures See Attached Seller Disclosure, Seller On Board Of Homeowners Association. Hoa Fee Covers Normal Maintenance Of Oil Tanks.
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) 4 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Yes

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 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.

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 Jun 28, 2026 4:05 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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