Off Market

42 School St Unit 2, Salem, MA

Salem · MA 01970

$575,000
Price
2
Beds
2
Baths
1644
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $192 / mo
HOA Fees Include
Water, Sewer, Master Insurance
Special Assessment
No
Floor: 2nd floor
Pets: Pets (Restrictions)
Parking: 2 Off Street Spaces
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Outdoor space: No Outdoor Space

About this home

Nestled in Salem, this multi-level Unit at 40-42 School St offers the perfect balance of modern amenities and enduring character. This sun-filled home features an open-concept kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a spacious island ideal for entertaining. The layout flows seamlessly into a dedicated dining area and inviting living space with hardwood floors throughout. The home offers generously sized bedrooms, a stylishly updated bathroom with tiled shower, and a versatile top-floor bonus space perfect for a home office or flex use. Additional highlights include in-unit laundry, flexible floorplan, and thoughtful design throughout along with storage area in basement. Conveniently located near downtown, shops, restaurants, and major routes. Salem commuter rail station with direct access to Boston—perfect for commuters or anyone looking for convenience.—this is a turnkey opportunity you don’t want to miss.

Neighborhood & Transit

42 School St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
155 days
Listing Price:
$575,000
Price per Sq.Ft:
$350
Tax Assessment:
$548,400 in 2026
Taxes:
$493 / Monthly
HOA Fee:
$192 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
2nd | Upper
Elevator
Unknown
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,644 Sq.Ft
Kitchen
Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Unknown
Laundry
In Unit
Living levels
2
Rooms
7
Above grade area
1644
Flooring
Tile, Luxury Vinyl Plank / LVP, Wall to Wall Carpet, Hardwood
Lead paint
Unknown

Utilities

Heating Type
Forced Air, Gas
Heating Zone
Unknown
Cooling
Central Air
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Unknown

Exterior Features

Outdoor Space
No
Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces, Off-Street, Tandem

Home Owner Association information

Restrictions
Unknown
HOA
$192 / Monthly
HOA Includes
Water, Sewer, Master Insurance
Special Assessment
No
Pets allowed
Yes w/ Restrictions
Association pool
No

Listing information

Listing agent
The Movement Group
Listing office
Compass
MLS PIN #
73528008
Disclosure
Water and master insurance; both shared with other owner split by % of ownership. Snow removal paid for out of pocket based on % of ownership. Additional storage in basement. Photos were taken prior to current occupancy and may not reflect present presentation. Fireplace is electric.