For sale

$575,000

42 School St #2, Salem, MA 01970

2beds

1,644sqft

$3,950/mo

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Condominium

Built in 1880

-- sqft lot

$-- Zestimate^®

$350/sqft

$192/mo HOA

What's special

In-unit laundryOpen-concept kitchenInviting living spaceDedicated dining areaGenerously sized bedroomsSun-filled homeQuartz countertops

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.

16 hours
113
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry: In Unit

Features

Flooring: Tile, Carpet, Hardwood
Has basement: Yes
Number of fireplaces: 1

Interior area

Total structure area: 1,644
Total interior livable area: 1,644 sqft
Finished area above ground: 1,644

Property

Parking

Total spaces: 2
Parking features: Off Street, Tandem
Uncovered spaces: 2

Features

Entry location: Unit Placement(Upper)

Lot

Size: 3,690 Square Feet

Details

Parcel number: M:27 L:0008 S:802,5262023
Zoning: R2

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

Year built: 1880
Major remodel year: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, House of Worship, Public School, T-Station, University

HOA

Services included: Water, Sewer, Insurance
HOA fee: $192 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $350/sqft
Tax assessed value: $548,400
Annual tax amount: $5,911
Date on market: 9/2/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/2/2026	Listed for sale	$575,000$350/sqft
Source: MLS PIN #73570926 Report a problem
9/2/2026	Listing removed	$575,000$350/sqft
Source: MLS PIN #73528008 Report a problem
8/26/2026	Contingent	$575,000$350/sqft
Source: MLS PIN #73528008 Report a problem
8/20/2026	Price change	$575,000-0.9%$350/sqft
Source: MLS PIN #73528008 Report a problem
8/4/2026	Price change	$580,000-0.9%$353/sqft
Source: MLS PIN #73528008 Report a problem
7/9/2026	Price change	$585,000-1.7%$356/sqft
Source: MLS PIN #73528008 Report a problem
6/2/2026	Listed for sale	$595,000-5.6%$362/sqft
Source: MLS PIN #73528008 Report a problem
7/18/2025	Listing removed	$630,000$383/sqft
Source: MLS PIN #73375723 Report a problem
7/8/2025	Price change	$630,000-3.1%$383/sqft
Source: MLS PIN #73375723 Report a problem
6/17/2025	Price change	$649,900-1.5%$395/sqft
Source: MLS PIN #73375723 Report a problem
6/9/2025	Price change	$659,900-2.9%$401/sqft
Source: MLS PIN #73375723 Report a problem
5/15/2025	Listed for sale	$679,900$414/sqft
Source: MLS PIN #73375723 Report a problem