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$530,000
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Property Description
Desirable downtown Salem condo in three-unit building with a custom kitchen featuring stainless steel appliances and a granite countertop. Two bedrooms, two bathrooms, in-unit laundry, hardwood floors, and off-street parking with one garage space. The open dining and living room combine to make plenty of entertaining space. New disposal, stove, dishwasher and kitchen faucet in 2025. Pets - 'one ordinary domestic household cat or dog may be kept by any unit owner'. Venture just 0.4 miles to the Peabody Essex Museum and take advantage of all that awaits in the bustling downtown, featuring dozens of restaurants. Commuting is easy with the Salem train station 0.7 miles away. Stick close to home and enjoy the Salem Common 0.2 miles, Collins Cove or the Derby Wharf both at just 0.3 miles away.
Full Property Details
Full Property Details for 40 Essex St #2
General
- Sold For: $530,000
- HOA FEE: $187/month
- Taxes: $5,439 (2025)
- Status: Closed
- Type: Townhouse
- Source: MLSPin
- MLS ID: 73453515
- Added to Site: 141 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
- Bathroom 1: Full Bathroom, Tiled Bathroom with Tub and Shower, Stone/Ceramic Tile Flooring, 9.00 x 7.00, Second, 63 Sq. Ft.
- Bathroom 2: 3/4 Bathroom, Tiled Bathroom with Shower Stall, Encl, 8.00 x 7.00, Second, 56 Sq. Ft.
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Yes, 17.00 x 11.00, Second, 187 Sq. Ft.
- Bedroom 2: Closet, Hardwood Flooring, 17.00 x 11.00, Second, 187 Sq. Ft.
Other Rooms
- Living Room: Closet, Hardwood Flooring, Cable Hookup, Exterior Access, Open Floorplan, Lighting - Overhead, 21.00 x 12.00, Second, 252 Sq. Ft.
- Kitchen: Hardwood Flooring, Stone/Granite/Solid Countertops, Exterior Access, Recessed Lighting, Stainless Steel Appliances, 18.00 x 11.00, Second, 198 Sq. Ft.
- Dining Room: Closet, Hardwood Flooring, Open Floorplan, Lighting - Overhead, 11.00 x 10.00, Second, 110 Sq. Ft.
- Laundry: Laundry Closet, Main Level, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Patio, Rain Gutters
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Detached, Assigned, Off Street
Location
- County: Essex
- Driving Directions: Webb Street to Essex Street - #40 is on the right
Community
- Pets Allowed: Yes
- Management Type: Owner Association
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Baseboard, Natural Gas
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Gas Range, Connection for Gas Oven, Connection for Electric Dryer, Washer Hookup
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Y
- Roof: Shingle
- Drive-In Doors: Insulated Doors
- Stories/Levels: 1
- Square Feet: 1,159
- Sq. Ft. Source: Public Records
- Living Area: 1,159 Sq. Ft.
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: .12
Financial Considerations
- Price Per Sq. Ft.: $457.29
- Association Fee: $187
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,439
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Master Deed, Rules & Regs
- Disclosures/Rstr.: Listing agent is an owner. Sellers have not lived in the property for 12+ years. Buyer and buyer agent to do own due diligence. Dimensions are approximate.
- Property ID: M:35 L:0434 S:802, 4765544
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Schools
Schools serving 40 Essex St #2
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 0.6 mi |
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.8 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.3 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 1.2 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.4 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.8 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.7 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Essex St #2
Date
Details
Price
Change
Source
3/30/2026
Sold
$530,000
-1.67%
MLS
12/02/2025
Price Reduced
$539,000
-1.82%
MLS
11/11/2025
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Essex St #2, Salem, MA 01970 (MLS# 73453515) is a Townhouse property that was sold at $530,000 on March 30, 2026. This property was listed by Jonathan Davis from our Beverly Office.Want to learn more about 40 Essex St #2? Do you have questions about finding other Townhouse real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.


