MLS #73570926 image #0
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.
Current real estate data for Condo in Salem as of Oct 12, 2026
89
Condo Listed
79
Avg DOM
442
Avg $ / SqFt
$582,049
Avg List Price

Property Details

Price:
$559,000
MLS #:
73570926
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
Sep 2, 2026
Finished Sq Ft:
1,644
Total Sq Ft:
1,644
Lot Size:
3,690 sqft / 0.08 acres (approx)
Year Built:
1880
Tennis40-42 School St CondominiumYes W/ Restrictions

Schools

Interior

Above Grade Finished Area
1644
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Tile, Carpet, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
In Unit

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, House of Worship, Public School, T-Station, University
Open Parking Spaces
2
Parking Features
Off Street, Tandem
Parking Spots
2
Parking Total
2
Stories
2

Financial

HOA Fee
$192
HOA Fee Frequency
Monthly
HOA Includes
Water, Sewer, Insurance
Tax Year
2026
Taxes
$5,912

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Property Summary

    42 School St # 2 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $559,000 and features 2 beds, 2 baths, and has approximately 1,644 square feet of living space, and was originally constructed in 1880. The current price per square foot is $340. The average price per square foot for Condo listings in Salem is $442. The average listing price for Condo in Salem is $582,049. To schedule a showing of MLS#73570926 at 42 School St # 2 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
42 School St # 2
Salem, MA