Sold Jun 7, 2026$550,000
Active
42 School St #2
Salem, MA 01970
$575,000
2Bedrooms
2Bathrooms
1,644Square feet
1880Year built
Residential · Active · MLS #73570926
Listing Courtesy of Compass | The Movement Group
MLS PIN data
About this home
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.
Property information
Details at a glance
Interior
- Rooms
- 7
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Flooring
- Tile, Carpet, Hardwood
- Fireplaces
- 1
Building
- Style
- Condominium
- Year built
- 1880
- Parking
- 2
Land & utilities
- Lot size
- 0.08 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R2
Financial
- Annual taxes
- $5,912
- Assessment year
- 2026
- HOA fee
- 192
Listing history
Price and status timeline
- Exp
$575,000 · Jun 2, 2026
- Exp
$3,650 · Jul 14, 2025
- Exp
$630,000 · May 15, 2025
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Photo insights
Condition signals
Overall presentationabove average
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Salem
MetricThis propertySalem
List price$575,000$569,900Near the local benchmark
Price / sq ft$350$44121% below local
Days on market43187% below local
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
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Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
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About 42 School St #2
Can I schedule a private showing?
Yes. Request a tour of 42 School St #2 and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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