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  3. Salem, MA
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  5. 56 Peabody Street Condominium
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56 Peabody Street Condominium

56 Peabody Street, Salem, MA, 01970

YEAR BUILT

1920

# STORIES

1

# TOTAL UNITS

7

UNIT SIZE RANGE

700-825 sqft

Description

56 Peabody Street Condominium sits in Salem, Massachusetts, at the intersection of Bridge Street and Boston Street. This low-rise building is a one-story structure completed in 1920. Its location provides easy access to local parks and public transportation. Nearby, the Saugus River adds to the community charm. The building contains 7 condominium units. Each unit features 2 bedrooms, creating a comfortable living space. Sizes range from 700 to 825 square feet. The design promotes a cozy environment that meets everyday living needs. Unit prices range from $309,000 to $316,000. This pricing reflects the local real estate market’s current trends. Residents benefit from nearby dining options like Paaastelitos and K and R Restaurant Group LLC. Brothers Restaurant & Deli also serves as a popular spot in the area. Amenities nearby include parks and golf facilities. Residents enjoy access to outdoor activities and recreational opportunities. These locations offer both relaxation and exercise options, contributing to a vibrant neighborhood lifestyle. The building's convenient layout and unit sizes appeal to various buyers. The friendly neighborhood supports a sense of community and engagement. Overall, this property provides a blend of comfort, access, and enjoyment of the surrounding area.

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

56 Peabody Street Condominium

56 Peabody Street, Salem, MA, 01970

YEAR BUILT

1920

# STORIES

1

# TOTAL UNITS

7

UNIT SIZE RANGE

700-825 sqft

Description

56 Peabody Street Condominium sits in Salem, Massachusetts, at the intersection of Bridge Street and Boston Street. This low-rise building is a one-story structure completed in 1920. Its location provides easy access to local parks and public transportation. Nearby, the Saugus River adds to the community charm. The building contains 7 condominium units. Each unit features 2 bedrooms, creating a comfortable living space. Sizes range from 700 to 825 square feet. The design promotes a cozy environment that meets everyday living needs. Unit prices range from $309,000 to $316,000. This pricing reflects the local real estate market’s current trends. Residents benefit from nearby dining options like Paaastelitos and K and R Restaurant Group LLC. Brothers Restaurant & Deli also serves as a popular spot in the area. Amenities nearby include parks and golf facilities. Residents enjoy access to outdoor activities and recreational opportunities. These locations offer both relaxation and exercise options, contributing to a vibrant neighborhood lifestyle. The building's convenient layout and unit sizes appeal to various buyers. The friendly neighborhood supports a sense of community and engagement. Overall, this property provides a blend of comfort, access, and enjoyment of the surrounding area.

Next

Description

56 Peabody Street Condominium sits in Salem, Massachusetts, at the intersection of Bridge Street and Boston Street. This low-rise building is a one-story structure completed in 1920. Its location provides easy access to local parks and public transportation. Nearby, the Saugus River adds to the community charm. The building contains 7 condominium units. Each unit features 2 bedrooms, creating a comfortable living space. Sizes range from 700 to 825 square feet. The design promotes a cozy environment that meets everyday living needs. Unit prices range from $309,000 to $316,000. This pricing reflects the local real estate market’s current trends. Residents benefit from nearby dining options like Paaastelitos and K and R Restaurant Group LLC. Brothers Restaurant & Deli also serves as a popular spot in the area. Amenities nearby include parks and golf facilities. Residents enjoy access to outdoor activities and recreational opportunities. These locations offer both relaxation and exercise options, contributing to a vibrant neighborhood lifestyle. The building's convenient layout and unit sizes appeal to various buyers. The friendly neighborhood supports a sense of community and engagement. Overall, this property provides a blend of comfort, access, and enjoyment of the surrounding area.

56 Peabody Street Condominium 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

-
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

-
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 Street Condominium 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 Street means more than just having a roof over your head—it’s about enjoying the perks! This building is well-located near parks and public transportation, allowing you to easily explore all Salem has to offer. Imagine spending weekends soaking up the sun at local parks or hopping on public transit to enjoy a breezy day trip. Plus, for golf enthusiasts, you’ll have nearby golf access to practice your swing when the mood strikes.

Next

Amenities Description

Living at 56 Peabody Street means more than just having a roof over your head—it’s about enjoying the perks! This building is well-located near parks and public transportation, allowing you to easily explore all Salem has to offer. Imagine spending weekends soaking up the sun at local parks or hopping on public transit to enjoy a breezy day trip. Plus, for golf enthusiasts, you’ll have nearby golf access to practice your swing when the mood strikes.

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

A quick note on building policies—this condominium maintains a sense of order, ensuring a pleasant living environment for all its residents. While specific restrictions apply, it’s all about creating a harmonious community focused on the well-being of everyone who calls this place home.

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 Street Condominium--
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

56 Peabody Street Condominium is located near 21+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

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

56 Peabody Street Condominium is located near 21+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

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|1.79 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

Located in a transit-friendly area of Salem, 56 Peabody Street Condominium provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

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

Located in a transit-friendly area of Salem, 56 Peabody Street Condominium provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

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|11 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 Street Condominium 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:$6,436,720.39 /yr

Individual:$4,387,751.36 /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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  2. /Salem, MA
  3. /
    56 Peabody Street Condominium
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