2 Orchard Street Unit 1 # 1, Salem MA 01970

Salem, MA 01970
$480,000
Est. $2,949/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
936
Sq Ft
$513
Price/Sq Ft
1915
Year Built
2
Parking
9 hours 53 minutes
Time on Market
For Sale Open House Listed Oct 8, 2026 • MLS# 73588249 Copied! • Updated Oct 8, 2026

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Open House Schedule

11
Oct
Sunday, October 11
11:00 AM - 12:30 PM EDT
10
Oct
Saturday, October 10
10:00 AM - 11:30 AM EDT

About this home

A true gem on a peaceful one-way street, this charming two bedroom condo offers beautiful water views and the opportunity to enjoy one-level living in North Salem. Water views can be enjoyed from the kitchen, dining room, and living room, creating a peaceful backdrop throughout the main living space. This inviting home features two bedrooms, one full bathroom, dining room, spacious living room and kitchen, all on one convenient level. Beautiful hardwood floors, custom window shutters, and built-in cabinet in dining room add warmth and character throughout. Step outside to enjoy your designated yard space, located to the right as you walk up the back entrance from the driveway. The property also offers driveway parking and additional storage in the basement. Just steps from the condo is a charming sitting park overlooking the water, offering a peaceful spot to relax, enjoy the views, and take in the beauty of the surrounding waterfront. A wonderful opportunity to own a charming condo in North Salem with water views, outdoor space, parking, storage, and the ease of level living. Convenient access public transportation, restaurants, shopping, parks and so much more.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 8, 2026
$480,000
Original listing
Agent: Jill Michaud Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $3,857 $340,100

Financial Details

Annual Property Tax
$3,857
Tax Year 2026
HOA Fee
$0
Monthly
Assessed Value
$340,100

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 936 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Hot Water, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Dryer Hookup - Dual, In Basement, In Building
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Porch - Enclosed, Fenced Yard, Professional Landscaping
Pool None
Spa None
Fencing Fenced
Patio/Porch Enclosed
Has Garage Yes
Features Assigned, Tandem, Paved
Total Spaces 2
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $3,857
Assessed Value $340,100

HOA & Community

Fee Includes Insurance, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes None
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures Condominium Documents Are Currently Under Review By The Sellers Attorney. Once The Review Is Complete, The Documents Will Be Made Available To The Buyer And The Buyers Realtor. Hoa Is Estimated At $340 Per Month Covering Master Insurance, Landscaping, Snow Removal And Reserves.
Possession None
Accepted Financing None
Structure Type ["2/3 Family"]
Unit/Building 1
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

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

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Dryer Hookup - Dual, In Basement, In Building
Security:

Construction & Materials

Year Built: 1915
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Fenced Yard, Professional Landscaping
Patio & Porch: Enclosed
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned, Tandem, Paved

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River, 1 to 2 Mile To Beach
Community Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $321
Homeowners Insurance $200
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

2 Orchard Street Unit 1 # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jill Michaud
Listing Office Gibson Sotheby's International Realty
Office Phone 978-526-0243
Agent MLS ID CN224915
Office MLS ID AN6133
Listing Data Updated Oct 8, 2026 9:24 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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