42 School St # 2 Salem, MA ^$ 595,000

42 School St # 2

^$ 595,000

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Recently Listed

Open House 6/6 11am - 1pm

42 School St # 2

Salem, MA, 01970

^$ 595,000

Bedrooms2 Baths2.0 Sq 1,644

Monthly Estimate*

^$ 3,664

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Condo for sale in Salem, MA

for $595,000 with 2 bedrooms and 2 full baths. This 1,644 square foot condo was built in 1880 on a lot size of 0.08.

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.

Open House

6/6/2026 11:00 AM - 1:00 PM

6/7/2026 11:00 AM - 1:00 PM

42 School St # 2 Salem, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

^$ 595,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 5,864

Style

Townhouse

Lot Size

0.08

Year Built

1880

Town/City

Salem

County/Region

Essex

MLS | Web ID

73528008

List By

The Movement Group

Listing Agent

Compass

Broker

Affordability Calculator

$4,152

Per Month

Monthly Principal & Interest: $3,664
Monthly Property Taxes: $489
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Condo listings in Salem, MA

Average List Price ^$555,394

Percent of Sale Price 7%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/2/2026	$595,000		Listed Price

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42 School St # 2, Salem, MA, 01970 is a Condo for sale at $595,000 with 1,644 sqft and a lot size of 0.08. 42 School St # 2 has 2 bedrooms, 2.0 baths, and was built in 1880. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/3/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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42 School St # 2

Condo for sale in Salem, MA

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