56 Peabody Street, Salem MA 01970
Salem, MA 01970 • Downtown
$325,000
Est. $2,448/month
About this home
Great first time buyer unit. Where can you find a clean, renovated unit with a view like this for this price? 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. Basement has coin-op washers and dryers. Only 8 units in the building. Small & private outdoor deck area. No pets. 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. HOA fee $400./month. On Lockbox. Show anytime.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jul 22, 2026
New showing requirements
Showing Instructions Updated
Jun 24, 2026
New showing requirements
Listed for Sale
Jun 24, 2026
$325,000
Original listing
Office: Stuart St James, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/22/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/24/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/24/2026 | 🏠 Listed for Sale | $325,000 | - | - | Original listing |
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
Parking
Features
Off Street, Assigned
Total Spaces
1
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
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
MA Disclosures
Seller Disclosures
See Attached Seller Disclosure, Seller On Board Of Homeowners Association. Hoa Fee Covers Normal Maintenance Of Oil Tanks.
Additional Details
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)
28 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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
835 sq ft above grade
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
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
Jul 22, 2026 2:01 PM 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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