56 Ward St # 3B, Salem MA 01970

Salem, MA 01970

$335,000

Est. $2,431/month

Beds

Baths

1,056

Sq Ft

$317

Price/Sq Ft

1915

Year Built

Condominium

Type

9 hours 39 minutes

Time on Market

Active Open House Listed May 13, 2026 • MLS# 73518468 Copied!

About this home

Opportunity to own in historic Salem at one of the lowest price per square foot values currently on the market. This 2 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The surrounding area is undergoing major revitalization, including new waterfront condos and retail development directly across the street, adding even more value and energy to the neighborhood. Enjoy convenience and coastal charm with Bluebike rentals less than a minute away, and a short walk to the commuter rail. Recent upgrades include a new heating system offering peace of mind. Whether you're looking for a primary residence, investment property, or chance to get into one of the North Shore’s most sought-after cities, this is an incredible value in a rapidly growing location.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1915

Bedrooms

Full Bathrooms

Living Area

1,056 sq ft

Total Rooms

Stories

Entry Level

Open House Schedule

May

Saturday, May 16

10:30 AM - 12:00 PM EDT

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1915

Living Area 1,056 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 5

Interior

Heating Baseboard, Natural Gas

Cooling None

Flooring Wood, Tile

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Basement Y

Laundry Third Floor, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Brick

Architecture None

Roof Shingle

Features Deck

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Features None

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $2,539

Assessed Value $223,900

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features:

Windows:

Basement: Y

Laundry: Third Floor, Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Year Built: 1915

Structure Type: Low-Rise

Exterior Materials: Brick

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Heating Zones: 1

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Deck

Patio & Porch: Deck

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

56 Ward St # 3B, 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

Elementary Schools

3 schools

B-

Saltonstall School

0.3 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

C+

Bentley Academy Innovation School

0.9 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

0.9 mi

106 students Diverse

Diverse Student Body

Grades PK

Middle Schools

3 schools

C+

Collins Middle School

0.8 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

B+

Village School

1.6 mi | #253 of 824 | Score: 52.3

Dropped 64 spots from last year

-5.9 below state avg

529 students Moderate

Grades 04-06

A-

Marblehead Veterans Middle School

2.0 mi | #83 of 352 | Score: 51.5

Dropped 30 spots from last year

-6.7 below state avg

411 students Less Diverse

Grades 07-08

High Schools

3 schools

B+

Salem Academy Charter School

0.2 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

Salem High School

1.3 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

Bishop Fenwick High School

1.9 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

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Property Tax $212

Homeowners Insurance $200

HOA Fee $325/mo

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95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

May 13, 2026

$335,000

Original listing

Agent: Victor Paulino Office: Engel & Volkers By the Sea

Date	Event	Price	Change	$/sqft	Details
05/13/2026	🏠 Listed for Sale	$335,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 13, 2026	New Listing Added	$335,000	—

Market Statistics

Time on Market

9 hours 39 minutes

Price per Sq Ft

$317

Tax History

Year	Taxes	Assessment
2026	$2,539	$223,900

Financial Details

Annual Property Tax

$2,539

Tax Year 2026

HOA Fee

$325

Monthly

Assessed Value

$223,900

Listing Information

Listing Agent Victor Paulino

Listing Office Engel & Volkers By the Sea

Agent MLS ID CN206394

Office MLS ID AN4733

Listing Data Updated May 14, 2026 3:30 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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56 Ward St # 3B, Salem MA 01970

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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