About this home
Exceptional value in historic Salem! This 3 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The unit is a rear unit, providing added privacy. The roof and deck were updated just a few years ago, and a new heating system offers additional peace of mind. The surrounding area is undergoing significant revitalization, including new waterfront condos and retail development directly across the street, bringing even more value and energy to the neighborhood. Enjoy exceptional convenience and coastal charm, with Bluebikes less than a minute away and the commuter rail just a short walk from your door. Whether you're looking for a primary residence, an investment property, or an opportunity to get into one of the North Shore's most sought after cities, this property offers incredible value in a rapidly growing location.
Listing last checked: Listing updated:
Listed by Victor Paulino · Engel & Volkers By the Sea · MLS #73518468
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Details at a glance
Interior5 property facts
- Rooms
- 5
- Heating
- Baseboard, Natural Gas
- Cooling
- None
- Flooring
- Wood, Tile
- Basement
- Yes
Building3 property facts
- Style
- Condominium
- Year built
- 1915
- Roof
- Shingle
Land & utilities4 property facts
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- res
Financial3 property facts
- Annual taxes
- $2,539
- Assessment year
- 2026
- HOA fee
- $325 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $335,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,906 / monthAdjust
- Principal & interest
- $1,694
- Property tax
- $212
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,539. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $325. The billing period was not supplied; confirm the monthly amount before adding it.
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 $347,101
Estimated range $307,224–$386,978.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 56 Ward St #3B
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