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Bean Group
Offered at $674,900Under Contract
beds
3
baths
2
sq ft
2,049
Built
1953

5 Chandler Rd

Salem, MA 01970

About this home

BACK ON THE MARKET DUE TO BUYER FINANCING! Welcome to this beautifully updated classic New England Cape, ideally located just steps from Vinnin Square in historic Salem, Massachusetts. Blending timeless charm with thoughtful modern updates, this home is truly move-in ready. Step inside to gleaming hardwood floors and a warm, inviting living room centered around a cozy wood-burning fireplace. The main level also features a spacious dining room, an updated open-concept kitchen, and a conveniently located first-floor bedroom. Just off the kitchen, the updated three-season room provides the perfect space to relax, entertain, or enjoy your morning coffee. Upstairs, you'll find two generously sized bedrooms and a full bathroom.The finished lower level adds even more living and entertaining space, complete with a wet bar, perfect for game days, movie nights, or hosting friends and family. Recent improvements include an updated kitchen and bathrooms, a new furnace and water heater, a new patio, and more.Outside, enjoy a fenced-in backyard with a new patio, offering a great setting for summer cookouts and outdoor entertaining. A detached garage provides additional parking and storage.Conveniently located just minutes from the beach, golf course, commuter rail, shopping, dining, and all the history and excitement of downtown Salem, this home offers the perfect combination of character, updates, and location. A must-see Salem home! Open House Saturday 9/26 10-12PM

Listing last checked: Listing updated:

Listed by Kendall Reyes · Real Broker MA, LLC · MLS #73562543

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Details at a glance

Interior6 property facts
Rooms
6
Heating
Baseboard, Oil
Cooling
None
Flooring
Wood, Tile, Vinyl
Basement
Yes · Partially Finished, Bulkhead
Fireplaces
1
Building6 property facts
Style
Single Family Residence
Year built
1953
Garage
1
Parking
4
Foundation
Concrete Perimeter
Roof
Shingle
Land & utilities5 property facts
Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
R1
Financial2 property facts
Annual taxes
$5,942
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $674,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,908 / monthAdjust
Principal & interest
$3,413
Property tax
$495
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,942. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $725,422

Estimated range $698,706–$752,137.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 19, 2026

$705,000

3 Linden Ave

Sold Jul 13, 2026

$738,000

1 Johns Rd

Sold Jul 27, 2026

$694,100

3 Winnegance Ave

Photo-based condition insights

Overall presentation: above average

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About 5 Chandler Rd

Can I request a private showing?

Request a tour of 5 Chandler Rd and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.