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5 School St # 1, Salem MA 01970 – 2 bed 2 bath For Sale – 73357004

$ 449,000
5 School St # 1, Salem MA 01970,

Overview

  • Updated On:
  • April 14, 2025
  • listingid
  • 73357004
  • 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 1862
  • 323 HOA Fee

Description

Charming 2-bed, 2-bath condo in the historic Cogswell Condominiums, a converted 1862 brick schoolhouse in North Salem. This 1st-floor unit blends old-world charm with modern upgrades: exposed brick, hardwood floors, and a wood-burning fireplace in the open living area. The updated kitchen boasts granite counters, stainless steel appliances, a gas stove, and a high-bar for dining. Spacious primary bedroom with walk-in closet, plus a versatile 2nd bedroom. Two renovated baths, in-unit laundry hookups, central air, and a private deck add comfort. Includes 2 deeded parking spaces. Less than a mile from Salem Train Depot (35 mins to Boston), near Rt. 114/128, and steps from downtown’s historic sites and dining. Low condo fee covers water, sewer, snow removal, and maintenance. Perfect for commuters or history lovers

This property is listed by David Picardy from Liberty Residential Realty, LLC

Property Listing Details

Overview

MLS Status
Price $ 449,000
Living Area 1,038.00 ft2
Bedrooms 2
Total Rooms 4
Listing MLS ID 73357004
Days on Market 4
Bathrooms 2

Unit Information

Bedrooms 2
Full Bathrooms 2
Half Bathrooms 0
Cooling Central Air
Heating Forced Air,Natural Gas,ENERGY STAR Qualified Equipment
Uncovered Parking 2
Garage Parking 0
Water View No
Unit Level 1
Common Walls
Laundry Features First Floor,In Unit
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement N
Patio And Porch Features Covered
Parking Features Assigned
Waterview Features
Flooring Tile,Laminate

Building Information

Building Name
Units in Building 8
Pets Allowed Yes w/ Restrictions
Association Amenities
Pool Features
Waterfront Features Beach Front,Harbor,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Association Fee Includes Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Trash,Reserve Funds
Construction Materials Brick
Year Built 1862
Security Features Intercom
Sewer Public Sewer
Spa Features
Structure Type Garden
Water Source Public
Basement N
Roof

Additional Details

Community Features Public Transportation,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,University
Disclosures Furnace (2015),Water Heater (2024),Washer/Dryer stays with unit
Last Updated 2025-04-13T23:13:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:27 L:0081 S:801,2133023
Original List Price 449000
Listing Office liberty residential realty, llc
Tax Annual Amount 4353
Tax Assessed Value 383900
Tax Book Number 38606
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning R1
Listing Agent david picardy

Property Address

Address: 5 School St # 1, Salem MA 01970
City:
State/County:
Zip: 01970
Country: United States

Amenities and Features

Other Features
Covered Patio/Deck
Dishwasher
Dryer
Has Cooling System
Has Fireplace
Has Heating System
Microwave
Range
Refrigerator
Washer

Payment Calculator

$ 2,895.65
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,153.59

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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5 School St # 1, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

5 School St # 1, Salem MA 01970 – 2 bed 2 bath For Sale – 73357004

$ 449,000

Status:

5 School St # 1, Salem MA 01970, , , 01970

Country: United States

Property Overview

MLS #: 73357004

Type: / Garden

Action:

Year Built: 1862 (Actual, Source: Public Records, Effective: 1980)

Living Area: 1,038.00 ft2 (Total: 1038 Square Feet, Source: Public Records)

Lot Size: (Area: Acres, SqFt: )

Total Rooms: 4

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 2 (Main Level: )

Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )

Basement: N

Fireplaces: 1 (Living Room)

Flooring: Tile,Laminate

Laundry: First Floor,In Unit

Window Features:

Door Features:

Accessibility:

Entry: Level 1, Location: Unit Placement(Below Grade,Street)

Other Equipment:

Construction & Design

Style:

Materials: Brick

Foundation: (Area: )

Roof:

Stories: 1 ()

Common Walls:

Body Type:

Utilities & Green Features

Heating: Forced Air,Natural Gas,ENERGY STAR Qualified Equipment

Cooling: Central Air

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 2

Parking Features: Assigned

Pool:

Spa:

Patio/Porch: Covered

Fencing:

Lot Features:

View: (, Waterview Y/N: No)

Waterfront: Beach Front,Harbor,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,University

Association Fee: (Monthly)

Fee Includes: Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Trash,Reserve Funds

Association Amenities:

Pets Allowed: Yes w/ Restrictions

Schools: E: , M: , H:

Zoning: R1 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Charming 2-bed, 2-bath condo in the historic Cogswell Condominiums, a converted 1862 brick schoolhouse in North Salem. This 1st-floor unit blends old-world charm with modern upgrades: exposed brick, hardwood floors, and a wood-burning fireplace in the open living area. The updated kitchen boasts granite counters, stainless steel appliances, a gas stove, and a high-bar for dining. Spacious primary bedroom with walk-in closet, plus a versatile 2nd bedroom. Two renovated baths, in-unit laundry hookups, central air, and a private deck add comfort. Includes 2 deeded parking spaces. Less than a mile from Salem Train Depot (35 mins to Boston), near Rt. 114/128, and steps from downtown’s historic sites and dining. Low condo fee covers water, sewer, snow removal, and maintenance. Perfect for commuters or history lovers

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 8

Units Owner Occupied:

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building: 1

Financial & Lease Information

Tax Annual Amount: 4353 (Year: 2025)

Tax Assessed Value: 383900

Tax Block/Lot/Book/Map: / / 38606 /

Parcel Number: M:27 L:0081 S:801,2133023

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: David Picardy (MLS ID: CN230624) / Team: CN230624

Listing Office: Liberty Residential Realty, LLC (MLS ID: AN0224)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-09

Expiration Date: 1900-01-01

Original List Price: 449000

Price Per SqFt (List): 432.56

Market Time (Property): 4 (Broker: 4, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: North Street to Schoot Street

Disclosures: Furnace (2015),Water Heater (2024),Washer/Dryer stays with unit, N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 594)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2023525

Modification Timestamp: 2025-04-13T23:13:00.000Z

Bridge Modification Timestamp: 2025-04-13T23:15:41.579Z

Original Entry Timestamp: 2025-04-09T14:32:00.000Z

Status Change Timestamp: 2025-04-09T14:32:00.000Z

Off Market Date:

Development Status:

Business Type:

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