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  3. Salem, MA
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  5. 5 School St
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5 School St

5 School St, Salem, MA, 01970

YEAR BUILT

1862

# STORIES

2

# TOTAL UNITS

13

UNIT SIZE RANGE

1,038-1,350 sqft

Description

5 School St sits in Salem, Massachusetts, near the intersection of Boston Street and Bridge Street. The building holds a history, built in 1862, and it blends historic charm with modern living. This low-rise structure contains 2 stories and includes 13 condominium units that range from 1,038 to 1,350 square feet. Units span 2 to 3 bedrooms, offering space for various living arrangements. Price ranges fall between $463,000 and $480,000, while the average closed price recently reached about $461,500. Averages of $422 per square foot represent recent sales activity. Units tend to spend around 34 days on the market. The site includes numerous amenities. Residents can enjoy opportunities for golf, tennis, and walks along the nearby bike path. The area provides easy access to public transportation and is close to parks and conservation areas. Nearby, King's Famous Roast Beef & Sea and Bodega Food Shops cater to dining and grocery needs. Reliable features enhance living in this building. Hardwood floors, high ceilings, and exposed brick highlight the units. Each unit offers a fireplace and two deeded parking spaces. Low condo fees cover water, sewer, snow removal, and building maintenance, adding value to ownership. Possible additional features include in-unit laundry hookups and walk-out balconies. North Salem's charm lies within a mile of the Salem Train Depot, providing access to Boston in about 35 minutes. The building's location allows residents to explore downtown’s historic sites and dining options, blending convenience with character.

Building ImageMLS ID #73424771
Building ImageMLS ID #73424771
Building Image
Building ImageView Listing

5 School St

5 School St, Salem, MA, 01970

YEAR BUILT

1862

# STORIES

2

# TOTAL UNITS

13

UNIT SIZE RANGE

1,038-1,350 sqft

Description

5 School St sits in Salem, Massachusetts, near the intersection of Boston Street and Bridge Street. The building holds a history, built in 1862, and it blends historic charm with modern living. This low-rise structure contains 2 stories and includes 13 condominium units that range from 1,038 to 1,350 square feet. Units span 2 to 3 bedrooms, offering space for various living arrangements. Price ranges fall between $463,000 and $480,000, while the average closed price recently reached about $461,500. Averages of $422 per square foot represent recent sales activity. Units tend to spend around 34 days on the market. The site includes numerous amenities. Residents can enjoy opportunities for golf, tennis, and walks along the nearby bike path. The area provides easy access to public transportation and is close to parks and conservation areas. Nearby, King's Famous Roast Beef & Sea and Bodega Food Shops cater to dining and grocery needs. Reliable features enhance living in this building. Hardwood floors, high ceilings, and exposed brick highlight the units. Each unit offers a fireplace and two deeded parking spaces. Low condo fees cover water, sewer, snow removal, and building maintenance, adding value to ownership. Possible additional features include in-unit laundry hookups and walk-out balconies. North Salem's charm lies within a mile of the Salem Train Depot, providing access to Boston in about 35 minutes. The building's location allows residents to explore downtown’s historic sites and dining options, blending convenience with character.

Next

Description

5 School St sits in Salem, Massachusetts, near the intersection of Boston Street and Bridge Street. The building holds a history, built in 1862, and it blends historic charm with modern living. This low-rise structure contains 2 stories and includes 13 condominium units that range from 1,038 to 1,350 square feet. Units span 2 to 3 bedrooms, offering space for various living arrangements. Price ranges fall between $463,000 and $480,000, while the average closed price recently reached about $461,500. Averages of $422 per square foot represent recent sales activity. Units tend to spend around 34 days on the market. The site includes numerous amenities. Residents can enjoy opportunities for golf, tennis, and walks along the nearby bike path. The area provides easy access to public transportation and is close to parks and conservation areas. Nearby, King's Famous Roast Beef & Sea and Bodega Food Shops cater to dining and grocery needs. Reliable features enhance living in this building. Hardwood floors, high ceilings, and exposed brick highlight the units. Each unit offers a fireplace and two deeded parking spaces. Low condo fees cover water, sewer, snow removal, and building maintenance, adding value to ownership. Possible additional features include in-unit laundry hookups and walk-out balconies. North Salem's charm lies within a mile of the Salem Train Depot, providing access to Boston in about 35 minutes. The building's location allows residents to explore downtown’s historic sites and dining options, blending convenience with character.

5 School St Market Stats Last 12 months

Avg. Listed Price$459,000($419/Sqft.)
Avg. Sale Price$461,500($422/Sqft.)
Year over year list priceUp Arrow2.23%
Year over year sale priceDown Arrow 3.85%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market34 days
Average HOA fees per sqft$4 /monthly
Next

Market Stats

Year over year list priceUp Arrow2.23%
Year over year sale priceDown Arrow3.85%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market34 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5 School St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 66116222352025-10-08
MLS#: 73424771 		Closed$463,000
Unit 11103822332025-05-12
MLS#: 73357004 		Closed$460,000
Unit 88132922452024-10-24
MLS#: 73287202 		Closed$480,000
Unit 1
1

2 Beds

2 Baths

1038 sqft

DateStatusPrice
2025-05-12Closed$460,000
MLS#: 73357004
Days On Market33
Unit 6
6

2 Beds

2 Baths

1162 sqft

DateStatusPrice
2025-10-08Closed$463,000
MLS#: 73424771
Days On Market35
Unit 8
8

2 Beds

2 Baths

1329 sqft

DateStatusPrice
2024-10-24Closed$480,000
MLS#: 73287202
Days On Market45
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Cogswell doesn't skimp on amenities! Whether you enjoy an active lifestyle or prefer a casual day out, this condo offers something for everyone. Unwind after a long day at the refreshing pool or get outside for a little tennis on the court. For the outdoor enthusiasts, a bike path runs through the area, offering access to pristine parks and conservation areas. Plus, highway access makes commuting a breeze, and public transportation is easily reached for those who prefer not to drive. And for the religious among us, there is a house of worship nearby.

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Amenities Description

Cogswell doesn't skimp on amenities! Whether you enjoy an active lifestyle or prefer a casual day out, this condo offers something for everyone. Unwind after a long day at the refreshing pool or get outside for a little tennis on the court. For the outdoor enthusiasts, a bike path runs through the area, offering access to pristine parks and conservation areas. Plus, highway access makes commuting a breeze, and public transportation is easily reached for those who prefer not to drive. And for the religious among us, there is a house of worship nearby.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security System

Security System

Tennis Court(s)

Tennis Court(s)

Balcony

Balcony

Pool

Pool

Policies

Cogswell Condominium maintains a friendly environment, and thankfully, there are no harsh restrictions to worry about. This means you can truly make your space your own while enjoying the wonderful community vibe.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5 School St$422/sqft.$4 /sqft.
Cogswell School Condominium$422/sqft.$4 /sqft.
12 School Street Condominium Association$476/sqft.$9 /sqft.
143 North St$278/sqft.$6 /sqft.
15 Appleton Street$506/sqft.$6 /sqft.
21 Dunlap St$307/sqft.$6 /sqft.

Nearby Schools

Discover top-rated schools located close to 5 School St.

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|0.62 miles away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|0.93 miles away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|0.99 miles away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|0.99 miles away

Carlton

C
Public|Grades KG–5
10 Skerry St|1.1 miles away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|1.2 miles away
Next

Schools

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|Less than 1 Mile Away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|Less than 1 Mile Away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|Less than 1 Mile Away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|Less than 1 Mile Away

Carlton

C
Public|Grades KG–5
10 Skerry St|1.10 Miles Away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|1.20 Miles Away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|1.25 Miles Away

Bishop Fenwick High School

--
Private|Grades 9–12
99 Margin St|1.40 Miles Away

Witchcraft Heights

D
Public|Grades KG–5
1 Frederick St|1.52 Miles Away

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|1.54 Miles Away

St John the Baptist School

--
Private|Grades PK–8
19 Chestnut St|1.65 Miles Away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|1.66 Miles Away

Salem Early Childhood

--
Public|Grades PK–KG
25 Memorial Dr|1.72 Miles Away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|1.72 Miles Away

William A. Welch Elementary School

D
Public|Grades PK–5
50 Swampscott Ave|1.96 Miles Away

Horace Mann Laboratory

C
Public|Grades KG–5
79 Willson St|1.97 Miles Away

Salem High School

D+
Public|Grades 9–12
77 Willson St|2.06 Miles Away

J. Henry Higgins Middle School

C-
Public|Grades 6–8
85 Perkins St|2.47 Miles Away

Ayers/Ryal Side School

D+
Public|Grades KG–4
40 Woodland Ave|2.49 Miles Away

Childrens Montessori Center

--
Private|Grades PK–KG
12 Bradstreet Ave|2.62 Miles Away

Center Elementary School

D+
Public|Grades KG–5
18 Irving St|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Essex St @ Beckford St

0.73 miles away|14 min walk

Essex St @ Hamilton st

0.74 miles away|15 min walk

Essex St @ Monroe St

0.75 miles away|15 min walk

Essex St opp Monroe St

0.75 miles away|15 min walk

Essex St @ Summer St

0.77 miles away|15 min walk

Essex St @ Flint St

0.82 miles away|16 min walk
Next

Transit

Essex St @ Beckford St

0.73 miles away|14 min walk

Essex St @ Hamilton st

0.74 miles away|15 min walk

Essex St @ Monroe St

0.75 miles away|15 min walk

Essex St opp Monroe St

0.75 miles away|15 min walk

Essex St @ Summer St

0.77 miles away|15 min walk

Essex St @ Flint St

0.82 miles away|16 min walk

Essex St @ Warren St

1.02 miles away|20 min walk

Essex St opp Warren St

1.03 miles away|20 min walk

Bridge St @ Saunders St

1.07 miles away|21 min walk

Hawthorne Blvd @ Washington Sq S

1.13 miles away|22 min walk

Hawthorne Blvd @ Essex St

1.14 miles away|22 min walk

Bridge St @ Skerry St

1.17 miles away|23 min walk

Bridge St @ Cromwell St

1.22 miles away|24 min walk

Hawthorne Blvd @ Derby St

1.25 miles away|24 min walk

Bridge St @ Osgood St

1.25 miles away|24 min walk

Bridge St @ March St

1.27 miles away|25 min walk

Bridge St @ Thorndike St

1.38 miles away|27 min walk

Highland Ave @ Proctor St

1.39 miles away|27 min walk

Highland Ave opp Proctor St

1.4 miles away|27 min walk

Bridge St @ Ames St

1.46 miles away|28 min walk

11 Bridge St

1.47 miles away|29 min walk

Central St @ Walnut St

1.5 miles away|29 min walk

81 Highland Ave @ Salem Hospital

1.5 miles away|29 min walk

Central St opp Walnut St

1.51 miles away|30 min walk

Central St @ Community Life Center

1.55 miles away|30 min walk

86 Central St

1.56 miles away|30 min walk

176 Water St

1.75 miles away|34 min walk

Highland Ave @ Cherry Hill Ave

1.79 miles away|35 min walk

Andover St @ Pound Ln

1.82 miles away|35 min walk

46 Cabot St

2.04 miles away|40 min walk

Andover St opp Buttonwood Ln

2.06 miles away|40 min walk

Cabot St @ Stone St

2.07 miles away|40 min walk

Andover St @ Buttonwood Ln

2.09 miles away|40 min walk

Bridge St & Livingstone Ave

2.25 miles away|44 min walk

Beverly

2.29 miles away|44 min walk

Beverly - Park St

2.29 miles away|44 min walk

Commuter Rail Station - Beverly

2.29 miles away|44 min walk

Cabot St opp May St

2.32 miles away|45 min walk

Cabot St & Highland Ave

2.36 miles away|46 min walk

Giles Ave

2.37 miles away|46 min walk

Cabot St opp Highland Ave

2.38 miles away|46 min walk

Highland Ave @ Hawthorne Sq

2.42 miles away|47 min walk

Cabot St @ Railroad Ave

2.44 miles away|47 min walk

Cabot St @ Franklin Pl

2.45 miles away|47 min walk

Cabot St @ Vestry St

2.5 miles away|48 min walk

Highland Ave @ Marlborough Rd

2.62 miles away|51 min walk

Beverly City Hall

2.62 miles away|51 min walk

Endicott St opp Hutchinson Dr

2.62 miles away|51 min walk

Cabot St @ Thorndike St

2.63 miles away|51 min walk

Endicott St @ Hutchinson Dr

2.65 miles away|51 min walk

The Neighbourhood: 5 School St

North Salem is a small community in Essex County, Massachusetts. The area has green spaces, quiet streets, and local shops, cafes, and a post office. The district offers schools, basic healthcare, and community amenities. People use parks, trails, and town recreation for outdoor time. This district hosts small cultural sites and seasonal events. Drivers find easy access to regional roads. Local bus routes and commuter links connect the area to nearby towns and cities. The district keeps a calm, small-town character.

Next

Neighbourhood Description

North Salem is a small community in Essex County, Massachusetts. The area has green spaces, quiet streets, and local shops, cafes, and a post office. The district offers schools, basic healthcare, and community amenities. People use parks, trails, and town recreation for outdoor time. This district hosts small cultural sites and seasonal events. Drivers find easy access to regional roads. Local bus routes and commuter links connect the area to nearby towns and cities. The district keeps a calm, small-town character.

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5 School St Demographics

Age Demographics

0–14 Years

14.66%

15–29 Years

20.93%

30–44 Years

25.89%

45–59 Years

17.8%

60+ Years

20.72%

Commute

9.02%

Transit

7.83%

Walk

69.31%

Drive

0.93%

Bike

Housing Ownership

48.11%

Owner Occupied

51.89%

Rental Units

Household Types

Single Family
23.63%
Multi Family
4.1%
Single Person
38.4%
Multi Person
61.6%

Average Income

Household:$7,254,786.58 /yr

Individual:$4,442,873.78 /yr

Education

Bachelors Degree27.2%
High School College23.14%
Diploma5.53%
Post Graduate18.01%
Others26.11%
Next

Education

Diploma5.53%
Post Graduate18.01%
Others26.11%
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    5 School St
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