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55 Perkins St, Salem MA 01970

Salem, MA 01970 • Downtown
$799,900
$775,000
Est. $4,736/month
2
Beds
1
Baths
1,925
Sq Ft
$403
Price/Sq Ft
0.04
Acres
1915
Year Built
2
Garage Spaces
40
Days on Market
Active Price Drop -$24,900 Listed Jun 9, 2026 • MLS# 73532313 Copied! • Updated Jun 23, 2026

About this home

Welcome to Studio 55, a masterfully converted shoe factory transformed into a 1,925 sqft single-family masterpiece. This rare architectural gem perfectly blends industrial grit with luxury living. The versatile first floor features exceptional space for an art studio, workshop, office, or gym, complemented by a rare, heated 2-car garage plus 2 off-street spaces. Head upstairs to a jaw-dropping residential sanctuary defined by, exposed brick, sandblasted timber beams, and red oak floors. The open-concept main level offers seamless flow between the kitchen, dining, and living areas perfect for gatherings with oversized windows. It features 2 spacious bedrooms including a primary with custom storage and a beautifully appointed bath. The crowning jewel is the private rooftop terrace, ideal for entertaining with views toward Salem Harbor. Just moments from downtown’s dining, shops, museums, and commuter rail, this is a true unicorn property with undeniable soul!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3.1%
Price Range

Property Timeline

Price Reduced
Jun 19, 2026
$775,000 $24,900 (-3.11%)
From $799,900 to $775,000 (-3.1%)
👁️
Showing Instructions Updated
Jun 9, 2026
New showing requirements
🏠
Listed for Sale
Jun 9, 2026
$799,900
Original listing
Agent: Janine Wuschke Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2026 $7,407 $580,900

Financial Details

Annual Property Tax
$7,407
Tax Year 2026
Assessed Value
$580,900

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1915
Living Area 1,925 sq ft
Lot Size 0.04 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Baseboard, Natural Gas, Other
Cooling Window Unit(s)
Flooring Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other
Fireplace None
Basement None
Laundry Electric Dryer Hookup, Washer Hookup, First Floor
Features Bonus Room

Exterior

Construction Brick
Architecture Other (see Remarks)
Roof Rubber
Features Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof
Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Workshop In Garage, Paved Drive, Shared Driveway, Off Street
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer
Annual Tax $7,407
Assessed Value $580,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Flood Insurance Is Required. // 4 Heat Zones (2 Forced Air On 1st Floor, 2 Hot Water Baseboard On 2nd Floor). Window A/c Units In Primary Bedroom And Main Living Area. Subject To The Seller Finding Suitable Housing. A Property Is Under Contract.
Exclusions See Inclusion/Exclusion Under Mls Paperclip.
Possession None
Accepted Financing None
Structure Type []
House Color Red Brick
Sq Ft Source Public Record
Sq Ft Disclosures Room measurements are approximate; buyer and buyers agent to perform own due diligence.
Documents None
County Essex
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,925 sq ft
Total Rooms
5
Levels
Multi/Split

Room Details

Second Floor

Bathroom1
11 x 5
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink
Dining Room
15 x 26
Flooring - Wood, Open Floorplan, Lighting - Sconce
Kitchen
9 x 20
Closet/Cabinets - Custom Built, Open Floorplan, Stainless Steel Appliances, Lighting - Sconce
Bedroom2
15 x 9
Exterior Access
Living Room
15 x 26
Flooring - Wood, Open Floorplan, Lighting - Sconce
Master Bedroom
17 x 16
Closet - Linen

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other
Interior Features: Bonus Room
Windows:
Basement:
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1915
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Concrete Perimeter, Slab

Heating, Cooling & Utilities

Heating: Forced Air, Baseboard, Natural Gas, Other
Heating Zones: 4
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Shared Driveway, Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Harbor, Walk to, Access, Marina, Public, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Park, Marina, Public School, University

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 $617
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

Downtown

55 Perkins St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Janine Wuschke
Listing Office Keller Williams Realty
Office Phone 978-475-2111
Agent MLS ID CN205140
Office MLS ID G95022
Listing Data Updated Jun 23, 2026 3:05 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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