Pending

Price cut: $24.9K (6/19)

$775,000

55 Perkins St, Salem, MA 01970

2beds

1,925sqft

$5,011/mo

Get pre-qualified

Single Family Residence

Built in 1915

1,864 Square Feet Lot

$756,300 Zestimate^®

$403/sqft

$-- HOA

What's special

Exposed brickSandblasted timber beamsBeautifully appointed bathOversized windowsRed oak floors

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!

93 days
118
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Closet - Linen
Level: Second
Area: 272
Dimensions: 17 x 16

Bedroom 2

Features: Exterior Access
Level: Second
Area: 135
Dimensions: 15 x 9

Bathroom 1

Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink
Level: Second
Area: 55
Dimensions: 11 x 5

Dining room

Features: Flooring - Wood, Open Floorplan, Lighting - Sconce
Level: Second
Area: 390
Dimensions: 15 x 26

Kitchen

Features: Closet/Cabinets - Custom Built, Open Floorplan, Stainless Steel Appliances, Lighting - Sconce
Level: Second
Area: 180
Dimensions: 9 x 20

Living room

Features: Flooring - Wood, Open Floorplan, Lighting - Sconce
Level: Second
Area: 390
Dimensions: 15 x 26

Heating

Forced Air, Baseboard, Natural Gas, Other

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor

Features

Bonus Room
Flooring: Hardwood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,925
Total interior livable area: 1,925 sqft
Finished area above ground: 1,925

Property

Parking

Total spaces: 4
Parking features: Attached, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Shared Driveway, Off Street
Attached garage spaces: 2
Uncovered spaces: 2

Features

Levels: Multi/Split
Patio & porch: Deck - Roof
Exterior features: Deck - Roof
On waterfront: Yes
Waterfront features: Waterfront, Harbor, Walk to, Access, Marina, Public, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Lot

Size: 1,864 Square Feet
Features: Easements

Details

Parcel number: M:34 L:0487,3159350
Zoning: R3

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Materials

Brick
Foundation: Concrete Perimeter, Slab
Roof: Rubber

Condition

Year built: 1915

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Marina, Public School, University

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $403/sqft
Tax assessed value: $580,900
Annual tax amount: $7,407
Date on market: 6/9/2026
Exclusions: See Inclusion/Exclusion Under Mls Paperclip.

Estimated market value

$756,300

$718,000 - $794,000

$2,733/mo

Price history

Date	Event	Price
8/12/2026	Pending sale	$775,000$403/sqft
Source: MLS PIN #73532313 Report a problem
8/3/2026	Contingent	$775,000$403/sqft
Source: MLS PIN #73532313 Report a problem
6/19/2026	Price change	$775,000-3.1%$403/sqft
Source: MLS PIN #73532313 Report a problem
6/9/2026	Listed for sale	$799,900+30.1%$416/sqft
Source: MLS PIN #73532313 Report a problem
10/27/2023	Sold	$615,000-3.8%$319/sqft
Source: MLS PIN #73155503 Report a problem
9/16/2023	Listed for sale	$639,000$332/sqft
Source: MLS PIN #73155503 Report a problem
9/13/2023	Contingent	$639,000$332/sqft
Source: MLS PIN #73155503 Report a problem
9/6/2023	Listed for sale	$639,000+25.8%$332/sqft
Source: MLS PIN #73155503 Report a problem
3/1/2018	Sold	$508,000-6.6%$264/sqft
Source: Public Record Report a problem
12/4/2017	Pending sale	$544,000$283/sqft
Source: True North Realty #72261014 Report a problem
11/10/2017	Price change	$544,000-0.9%$283/sqft
Source: True North Realty #72225990 Report a problem
9/9/2017	Listed for sale	$549,000$285/sqft
Source: True North Realty #72225990 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,587 -9%	$580,900 -6.7%
2024	$7,237 +2.5%	$622,800 +10.3%
2023	$7,061	$564,400
2022	$7,061 +5.8%	$564,400 +16.7%
2021	$6,676 +6.1%	$483,800 +11.1%
2020	$6,293 +12.3%	$435,500 +17.4%
2019	$5,602 +44.1%	$371,000 +46.8%
2018	$3,887 +29.5%	$252,700 +33.6%
2017	$3,001 +1.2%	$189,200
2016	$2,965 +17.3%	$189,200 +22.9%
2015	$2,527 -4.1%	$154,000 -2.2%
2014	$2,635 +1.3%	$157,500 -5.4%
2012	$2,602 -4.8%	$166,500 -8.3%
2011	$2,732 -0.2%	$181,500 -7.1%
2010	$2,738 +2.7%	$195,400 -5.3%
2009	$2,667 +4.6%	$206,400 -5.5%
2008	$2,549 +6.5%	$218,400 -1.8%
2007	$2,394 +0.4%	$222,300 +4.5%
2006	$2,384 +5.7%	$212,700 +7.3%
2005	$2,256	$198,200