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  5. 56 Peabody St
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56 Peabody St

56 Peabody St, Salem, MA, 01970

YEAR BUILT

1920

# STORIES

1

# TOTAL UNITS

6

UNIT SIZE RANGE

700-875 sqft

Description

56 Peabody St stands in Salem, Massachusetts, near the intersection of Bridge Street and Main Street. The building sits just a short distance from the Atlantic Ocean, providing a refreshing coastal atmosphere. This low-rise structure has a simple, clean design that fits well with the surrounding area. Constructed in 1920, the building contains 1 story and holds 6 condominium units. Unit sizes range from 700 to 875 square feet, providing enough space for comfortable living. Each unit has 2 bedrooms, making it suitable for various lifestyles. Prices for units range from $309,000 to $316,000. The building includes dedicated off-street parking, adding ease for residents with vehicles. High ceilings create a spacious feeling inside the units. Some units may offer private balconies, adding outdoor space for relaxation. These features contribute to a pleasant living experience in the building. Salem has much to offer nearby, including parks and golf amenities. Public transportation is accessible, making it easier to explore the surrounding area. Pickering Wharf also lies within reach, filled with restaurants and art galleries perfect for outings. Places like Paaastelitos, K and R Restaurant Group LLC, and Brothers Restaurant & Deli serve up local dining favorites. This location blends a small-town vibe with urban conveniences. Residents can enjoy the nearby parks and take advantage of the coastal proximity. With easy access to amenities and a supportive community atmosphere, 56 Peabody St ensures a solid living option in Salem. A unique mix of charm and convenience awaits those who call this building home.

Building ImageMLS ID #73156706
Building ImageMLS ID #73156706
Building Image
Building ImageView Listing

56 Peabody St

56 Peabody St, Salem, MA, 01970

YEAR BUILT

1920

# STORIES

1

# TOTAL UNITS

6

UNIT SIZE RANGE

700-875 sqft

Description

56 Peabody St stands in Salem, Massachusetts, near the intersection of Bridge Street and Main Street. The building sits just a short distance from the Atlantic Ocean, providing a refreshing coastal atmosphere. This low-rise structure has a simple, clean design that fits well with the surrounding area. Constructed in 1920, the building contains 1 story and holds 6 condominium units. Unit sizes range from 700 to 875 square feet, providing enough space for comfortable living. Each unit has 2 bedrooms, making it suitable for various lifestyles. Prices for units range from $309,000 to $316,000. The building includes dedicated off-street parking, adding ease for residents with vehicles. High ceilings create a spacious feeling inside the units. Some units may offer private balconies, adding outdoor space for relaxation. These features contribute to a pleasant living experience in the building. Salem has much to offer nearby, including parks and golf amenities. Public transportation is accessible, making it easier to explore the surrounding area. Pickering Wharf also lies within reach, filled with restaurants and art galleries perfect for outings. Places like Paaastelitos, K and R Restaurant Group LLC, and Brothers Restaurant & Deli serve up local dining favorites. This location blends a small-town vibe with urban conveniences. Residents can enjoy the nearby parks and take advantage of the coastal proximity. With easy access to amenities and a supportive community atmosphere, 56 Peabody St ensures a solid living option in Salem. A unique mix of charm and convenience awaits those who call this building home.

Next

Description

56 Peabody St stands in Salem, Massachusetts, near the intersection of Bridge Street and Main Street. The building sits just a short distance from the Atlantic Ocean, providing a refreshing coastal atmosphere. This low-rise structure has a simple, clean design that fits well with the surrounding area. Constructed in 1920, the building contains 1 story and holds 6 condominium units. Unit sizes range from 700 to 875 square feet, providing enough space for comfortable living. Each unit has 2 bedrooms, making it suitable for various lifestyles. Prices for units range from $309,000 to $316,000. The building includes dedicated off-street parking, adding ease for residents with vehicles. High ceilings create a spacious feeling inside the units. Some units may offer private balconies, adding outdoor space for relaxation. These features contribute to a pleasant living experience in the building. Salem has much to offer nearby, including parks and golf amenities. Public transportation is accessible, making it easier to explore the surrounding area. Pickering Wharf also lies within reach, filled with restaurants and art galleries perfect for outings. Places like Paaastelitos, K and R Restaurant Group LLC, and Brothers Restaurant & Deli serve up local dining favorites. This location blends a small-town vibe with urban conveniences. Residents can enjoy the nearby parks and take advantage of the coastal proximity. With easy access to amenities and a supportive community atmosphere, 56 Peabody St ensures a solid living option in Salem. A unique mix of charm and convenience awaits those who call this building home.

56 Peabody St Market Stats Last 12 months

Avg. Listed Price$399,000($484/Sqft.)

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
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

Medium
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

56 Peabody St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 2W2W825211022023-12-18
MLS#: 73156706
Closed$316,000
Unit 3W3W82521752023-05-02
MLS#: 73079715
Closed$309,000
Unit 1W1W825211652022-11-03
MLS#: 72986067
Closed$319,000
Unit 1W
1W

2 Beds

1 Baths

825 sqft


DateStatusPrice
2022-11-03Closed$319,000
MLS#: 72986067
Days On Market165
Unit 2W
2W

2 Beds

1 Baths

825 sqft


DateStatusPrice
2023-12-18Closed$316,000
MLS#: 73156706
Days On Market102
Unit 3W
3W

2 Beds

1 Baths

825 sqft


DateStatusPrice
2023-05-02Closed$309,000
MLS#: 73079715
Days On Market75
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Living at 56 Peabody St. comes with a few wonderful perks! For those who love the outdoors, you’ll appreciate the nearby parks, perfect for afternoon strolls or a leisurely weekend picnic. If you’re a fan of golf, you’ll find nearby options to keep your swing sharp. Plus, public transportation is easily accessible, so commuting or visiting the vibrant downtown Salem is no hassle at all!

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Amenities Description

Living at 56 Peabody St. comes with a few wonderful perks! For those who love the outdoors, you’ll appreciate the nearby parks, perfect for afternoon strolls or a leisurely weekend picnic. If you’re a fan of golf, you’ll find nearby options to keep your swing sharp. Plus, public transportation is easily accessible, so commuting or visiting the vibrant downtown Salem is no hassle at all!

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

Policies

Navigating condo life is simpler when you understand the rules. Luckily, 56 Peabody St. Condominium has straightforward policies, allowing you the freedom to enjoy your space without unnecessary restrictions. A friendly vibe is encouraged, making it easier to connect with your neighbors and foster community ties.

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)
56 Peabody St--
41 Harbor St$308/sqft.$4 /sqft.
Harbors Edge$308/sqft.$4 /sqft.
Union Street Condominium$492/sqft.$3 /sqft.
51 Lafayette St$396/sqft.$4 /sqft.
Derby Lofts$396/sqft.$4 /sqft.

Nearby Schools

Residents of 56 Peabody St enjoy access to nearby educational institutions across Salem. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|0.2 miles away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|0.26 miles away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|0.27 miles away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|0.27 miles away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|0.36 miles away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|0.77 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 56 Peabody St enjoy access to nearby educational institutions across Salem. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|Less than 1 Mile Away

New Liberty Innovation School

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

The Phoenix School

--
Private|Grades KG–8
89 Margin St|Less than 1 Mile Away

Salem Preparatory High School

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

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|Less than 1 Mile Away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|Less than 1 Mile Away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|Less than 1 Mile Away

Salem Early Childhood

--
Public|Grades PK–KG
25 Memorial Dr|Less than 1 Mile Away

Carlton

C
Public|Grades KG–5
10 Skerry St|Less than 1 Mile Away

Horace Mann Laboratory

C
Public|Grades KG–5
79 Willson St|1.21 Miles Away

Salem High School

D+
Public|Grades 9–12
77 Willson St|1.31 Miles Away

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|1.31 Miles Away

Witchcraft Heights

D
Public|Grades KG–5
1 Frederick St|1.50 Miles Away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|1.62 Miles Away

Village School

C
Public|Grades 3–6
93 Village St|1.68 Miles Away

Childrens Workshop Montessori

--
Private|Grades PK–KG
53 Robert Rd|1.69 Miles Away

Tower School

--
Private|Grades PK–8
75 W Shore Dr|1.70 Miles Away

L H Coffin

--
Public|Grades 1–2
1 Turner Rd|1.78 Miles Away

St John the Baptist School

--
Private|Grades PK–8
19 Chestnut St|1.97 Miles Away

Bishop Fenwick High School

--
Private|Grades 9–12
99 Margin St|1.97 Miles Away

William A. Welch Elementary School

D
Public|Grades PK–5
50 Swampscott Ave|1.98 Miles Away

Transit

56 Peabody St offers strong public transit access in The Point, Salem, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

11 Bridge St

1.19 miles away|23 min walk

446 Loring Ave

2 miles away|39 min walk

46 Cabot St

1.7 miles away|33 min walk

81 Highland Ave @ Salem Hospital

0.98 miles away|19 min walk

Beverly

2 miles away|39 min walk

Beverly - Park St

1.99 miles away|39 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

56 Peabody St offers strong public transit access in The Point, Salem, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

11 Bridge St

1.19 miles away|23 min walk

446 Loring Ave

2 miles away|39 min walk

46 Cabot St

1.7 miles away|33 min walk

81 Highland Ave @ Salem Hospital

0.98 miles away|19 min walk

Beverly

2 miles away|39 min walk

Beverly - Park St

1.99 miles away|39 min walk

Bridge St @ Ames St

1.18 miles away|23 min walk

Bridge St @ Cromwell St

0.92 miles away|18 min walk

Bridge St @ March St

0.98 miles away|19 min walk

Bridge St @ Osgood St

0.95 miles away|19 min walk

Bridge St @ Saunders St

0.7 miles away|14 min walk

Bridge St @ Skerry St

0.86 miles away|17 min walk

Bridge St @ Thorndike St

1.1 miles away|22 min walk

Cabot St @ Franklin Pl

1.97 miles away|38 min walk

Cabot St & Highland Ave

1.9 miles away|37 min walk

Cabot St opp Highland Ave

1.92 miles away|37 min walk

Cabot St opp May St

1.88 miles away|37 min walk

Cabot St @ Railroad Ave

1.97 miles away|38 min walk

Cabot St @ Stone St

1.72 miles away|33 min walk

Central St opp Walnut St

1.92 miles away|37 min walk

Central St @ Walnut St

1.9 miles away|37 min walk

Commuter Rail Station - Beverly

1.99 miles away|39 min walk

Essex St @ Beckford St

0.53 miles away|11 min walk

Essex St @ Flint St

0.63 miles away|13 min walk

Essex St @ Hamilton st

0.52 miles away|11 min walk

Essex St @ Monroe St

0.58 miles away|12 min walk

Essex St opp Monroe St

0.57 miles away|12 min walk

Essex St opp Warren St

0.73 miles away|14 min walk

Essex St @ Summer St

0.42 miles away|9 min walk

Essex St @ Warren St

0.72 miles away|14 min walk

Hawthorne Blvd @ Derby St

0.16 miles away|4 min walk

Hawthorne Blvd @ Essex St

0.27 miles away|6 min walk

Hawthorne Blvd @ Washington Sq S

0.29 miles away|6 min walk

Highland Ave @ Cherry Hill Ave

1.2 miles away|23 min walk

Highland Ave @ Hawthorne Sq

1.8 miles away|35 min walk

Highland Ave @ Marlborough Rd

1.95 miles away|38 min walk

Highland Ave opp Proctor St

0.9 miles away|18 min walk

Highland Ave @ Proctor St

0.91 miles away|18 min walk

Highland Ave @ Salem Hospital

1.01 miles away|20 min walk

Highland Ave @ Valley St

1.3 miles away|25 min walk

Highland Ave @ Willson St

1.19 miles away|23 min walk

Lafayette @ Leavitt St

0.3 miles away|6 min walk

Lafayette St @ Cedar St

0.25 miles away|5 min walk

Lafayette St @ Clifton Ave

0.82 miles away|16 min walk

Lafayette St @ Forest Ave

0.82 miles away|16 min walk

Lafayette St @ Hancock St

0.4 miles away|8 min walk

Lafayette St @ Harbor St

0.11 miles away|3 min walk

Lafayette St @ Holly St

0.52 miles away|10 min walk

Lafayette St @ Laurel St

0.62 miles away|12 min walk

Lafayette St @ Leach St

0.53 miles away|11 min walk

The Neighbourhood: The Point

The Point is a coastal neighborhood in Essex County with easy waterfront access, small harbors, and scenic viewpoints. The area has parks, seaside walking paths, local shops, cafes, and a few family restaurants near the water. This district hosts occasional markets and small festivals in public squares and community spaces for families and visitors. The area includes grocery options, pharmacies, health clinics, and a public library for basic daily needs. Travel links include state routes, commuter bus lines, and nearby rail connections that link the district to larger towns.

Next

Neighbourhood Description

The Point is a coastal neighborhood in Essex County with easy waterfront access, small harbors, and scenic viewpoints. The area has parks, seaside walking paths, local shops, cafes, and a few family restaurants near the water. This district hosts occasional markets and small festivals in public squares and community spaces for families and visitors. The area includes grocery options, pharmacies, health clinics, and a public library for basic daily needs. Travel links include state routes, commuter bus lines, and nearby rail connections that link the district to larger towns.

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56 Peabody St Demographics

Age Demographics

0–14 Years

16.16%

15–29 Years

21.67%

30–44 Years

24.39%

45–59 Years

17.86%

60+ Years

19.92%

Commute

7.59%

Transit

9.94%

Walk

62.98%

Drive

0.87%

Bike

Housing Ownership

37.04%

Owner Occupied

62.96%

Rental Units

Household Types

Single Family
23.28%
Multi Family
4.06%
Single Person
38.41%
Multi Person
61.59%

Average Income

Household:$6,436,611.09 /yr

Individual:$4,388,022.73 /yr

Education

Bachelors Degree27.81%
High School College18.8%
Diploma4.91%
Post Graduate20.67%
Others27.81%
Next

Education

Diploma4.91%
Post Graduate20.67%
Others27.81%
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    56 Peabody St
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