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55 Perkins St, Salem MA 01970

Salem, MA 01970 • Downtown
$799,900
Est. $4,862/month
2
Beds
1
Baths
1,925
Sq Ft
$416
Price/Sq Ft
0.04
Acres
1915
Year Built
5 hours 51 minutes
Time on Market
Active Open House Listed Jun 9, 2026 • MLS# 73532313 Copied!

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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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

Open House Schedule

12
Jun
Friday, June 12
4:30 PM - 6:00 PM EDT
13
Jun
Saturday, June 13
12:00 PM - 2:00 PM EDT
14
Jun
Sunday, June 14
12:00 PM - 2:00 PM EDT

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

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Workshop In Garage, Paved Drive, Shared Driveway, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $7,407
Assessed Value $580,900

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

Location

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Neighborhood

Downtown

55 Perkins St, 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
1.2 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
B-
Saltonstall School
0.2 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
1.0 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
1.0 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.1 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-
Horace Mann Laboratory School
1.2 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+
Bates School
1.6 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
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
0.9 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
0.1 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
1.3 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
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Including down payment
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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
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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

Market Insights

Property Timeline

👁️
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

Price & Status History

Date Event Price Change
Jun 9, 2026 New Listing Added $799,900

Market Statistics

Time on Market
5 hours 51 minutes
Price per Sq Ft
$416

Tax History

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

Financial Details

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

Listing Information

Listing Agent Janine Wuschke
Listing Office Keller Williams Realty
Agent MLS ID CN205140
Office MLS ID G95022
Listing Data Updated Jun 9, 2026 11:48 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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