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8 Union St # 1, Salem MA 01970

Salem, MA 01970 • Downtown
$520,000
Est. $3,661/month
2
Beds
1
Baths
1,047
Sq Ft
$497
Price/Sq Ft
0.23
Acres
1900
Year Built
Condominium
Type
7 hours 52 minutes
Time on Market
Active Open House Listed Mar 18, 2026 • MLS# 73488091 Copied!

About this home

Rare opportunity to own in "Union Square Condominium," where historic charm meets modern luxury. This architectural gem features stunning exposed brick, wide pine floors and soaring beamed ceilings. The open-concept living, dining, and kitchen areas are ideal for everyday living and entertaining. The tastefully remodeled kitchen offers white cabinetry, quartz countertops, island and stainless appliances. Both bedrooms are spacious and the oversized full bath is accessible from the main bedroom and living area. The guest bedroom offers an adjacent room with a window, perfect for a home office. Enjoy the convenient in-unit laundry, dedicated walk-in basement storage and a common outdoor area for grilling. With a 98 Walk Score and perfectly situated between Salem Common and the waterfront, and in close proximity to the Peabody Essex Museum, vibrant shops, dining, Commuter Rail and Ferry, and including off-street and resident permit parking, welcome home to the heart of historic Salem!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,047 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Open House Schedule

22
Mar
Sunday, March 22
11:00 AM - 12:30 PM EDT
21
Mar
Saturday, March 21
11:30 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,047 sq ft
Lot Size 0.23 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances None
Fireplace Living Room, Bedroom
Fireplaces 2
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Building
Features Storage

Exterior

Construction Brick
Architecture None
Roof None
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Exclusive Parking
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,443
Assessed Value $504,900

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features: Storage
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Building
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2009
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Exclusive Parking

Special Features

Fireplaces: 2
Fireplace Type: Living Room, Bedroom
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Private School, Public School, T-Station, University

Location

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Neighborhood

Downtown

8 Union St # 1, 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

9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.7 mi
Grades PK-08
B-
Saltonstall School
0.6 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
B-
Carlton School
0.7 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.7 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
0.7 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
1.2 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
Horace Mann Laboratory School
1.4 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
B
Witchcraft Heights School
1.6 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
C+
Collins Middle School
1.0 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
H

High Schools

2 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
1.6 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
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 $454
Homeowners Insurance $200
HOA Fee $378/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

Property Timeline

🏠
Listed for Sale
Mar 18, 2026
$520,000
Original listing
Agent: Shari McStay Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Mar 18, 2026 New Listing Added $520,000 —

Market Statistics

Time on Market
7 hours 52 minutes
Price per Sq Ft
$497

Tax History

Year Taxes Assessment
2026 $5,443 $504,900

Financial Details

Annual Property Tax
$5,443
Tax Year 2026
HOA Fee
$378
Monthly
Assessed Value
$504,900

Listing Information

Listing Agent Shari McStay
Listing Office Keller Williams Realty Evolution
Agent MLS ID CT002370
Office MLS ID C95098
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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