40-42 School St Condominium

  • $595,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 0.08Acreage
  • 1880Year Built
  • 1,644Square Feet

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.

More Info

Basic Information

  • Bedrooms2
  • Mls StatusNew
  • Bathroom2
  • Parcel Number M:27 L:0008 S:802,5262023
  • Unit Number2

Location

  • Subdivision40-42 School St Condominium
  • Address42 School Street
  • Building Number42
  • CountyEssex
  • StateMA
  • StreetSchool Street
  • TownSalem
  • Zip01970

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningR2

Tax Information

  • Tax Assessed Value $517,100
  • Tax Year 2025
  • Taxes$5,864

Basic Information

  • List Price$595,000
  • MLS Number73528008
  • Modification Date06/03/2026
  • Property SubTypeCondominium

Property

  • Acreage0.08
  • Entry Location Unit Placement(Upper)

Interior

  • Flooring Tile, Carpet, Hardwood

Property Information

  • Square Feet1,644
  • Building Area Source Public Records
  • Living Area 1,644
  • Lot Size Square Feet 3,690
  • Lot Size Units Acres
  • Structure Type Townhouse

Other

  • Association Fee $192
  • Association Fee Frequency Monthly
  • Association Fee Includes Water, Sewer, Insurance
  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet

Parking

  • Parking Spaces2
  • Parking Features Off Street, Tandem

Rooms

  • Bathrooms Total Decimal 2
  • Full Bath2

Building

  • BasementY
  • Building Area Units Square Feet
  • Entry Level 2
  • FireplaceYes
  • Fireplaces Total 1
  • Property Name40-42 School St Condominium
  • Rooms7
  • Stories2
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Effective 2023
  • Year Built Source Public Records

Amenities

  • Amenities
    • Golf
    • House of Worship
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement, Fireplace, Golf, Tennis
  • PetsYes w/ Restrictions

Map Location

Driving Directions

Listed by The Movement Group of Compass

Salem, MA Demographics

There is no data available

Salem, MA Real Estate Market Data

There is no data available

Salem, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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