MLS #73552545 image #0
NEW PRICE — NOW $499,000! An exceptional opportunity for a beautifully renovated 3-bedroom, 2-full-bath top-floor residence in Salem. Thoughtfully renovated from the studs out, this spacious 1,359-square-foot condo offers bright, open living with high ceilings, oversized windows, a crisp white kitchen with quartz countertops, stainless appliances, generous cabinetry and a breakfast bar. The primary bedroom includes a private bath, while two additional bedrooms provide flexibility for guests, family or a home office. Enjoy the privacy of top-floor living with no neighbors above, in-unit laundry, two deeded off-street parking spaces, low condo fees and a pet-friendly association. Select furnishings may remain with the property at no additional cost, making this an especially easy move-in opportunity. Convenient to downtown Salem, commuter rail, Salem State, restaurants, shops and the waterfront. 3 bedrooms, 2 baths, 2-car parking and a fully renovated interior — now under $500,000.
Current real estate data for Condo in Salem as of Oct 17, 2026
90
Condo Listed
81
Avg DOM
440
Avg $ / SqFt
$577,450
Avg List Price

Property Details

Price:
$499,000
MLS #:
73552545
Status:
Pending
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
southsalem
Listed Date:
Jul 21, 2026
Finished Sq Ft:
1,359
Total Sq Ft:
1,359
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1915
16 Cloutman St CondominiumSouth SalemSouthsalemPets Allowed

Schools

Interior

Above Grade Finished Area
1359
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood
Heating
Baseboard, Natural Gas
Laundry Features
Closet – Walk-in, Third Floor, In Unit

Exterior

Common Walls
No One Above
Community Features
Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Green Energy Efficient
Thermostat
Open Parking Spaces
2
Parking Features
Deeded, Assigned, Off Street
Parking Spots
2
Parking Total
2
Roof
Shingle
Stories
1
Waterfront Features
Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows

Financial

HOA Fee
$150
HOA Fee Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Snow Removal
Tax Year
2026
Taxes
$5,366

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Property Summary

    16 Cloutman St # 3 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $499,000 and features 3 beds, 2 baths, and has approximately 1,359 square feet of living space, and was originally constructed in 1915. The current price per square foot is $367. The average price per square foot for Condo listings in Salem is $440. The average listing price for Condo in Salem is $577,450. To schedule a showing of MLS#73552545 at 16 Cloutman St # 3 in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
16 Cloutman St # 3
Salem, MA