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Newly Priced! Located in a beautiful, tree lined North Salem neighborhood, and only a short distance to the MBTA commuter rail, this bright and comfortable penthouse condo is ready for its new owner. Enjoy an eat-in kitchen with granite countertops, a generous pantry, and classic shaker style cabinetry. You’ll appreciate the spacious primary bedroom, plus an additional room that offers seasonal water views—ideal for a home office, den, or guest room. Gorgeous hardwood floors and a freshly painted interior add to the home’s charm. The backyard provides an outdoor area for relaxing or entertaining. Bonuses include deep closets, extra basement storage, a low condo fee and ample street parking. Close to downtown Salem with its rich history and vibrant mix of restaurants, bars, boutiques and coffee shops. A home at this price, in this neighborhood is a rare find!
Current real estate data for Condo in Salem as of Dec 08, 2025
53
Condo Listed
104
Avg DOM
426
Avg $ / SqFt
$520,562
Avg List Price

Property Details

Price:
$415,000
MLS #:
73451379
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Listed Date:
Nov 5, 2025
Finished Sq Ft:
805
Total Sq Ft:
805
Year Built:
1925
The Five Larchmont Road CondominiumChoice-basedCollins Middle SchoolSalem High/salem PrepYes W/ Restrictions

Schools

Elementary School:
Choice-Based
Middle School:
Collins Middle School
High School:
Salem High/Salem Prep

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Hot Water, Natural Gas
Laundry Features
In Basement, Common Area, In Building

Exterior

Association Amenities
Storage
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Marina, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Porch, Screens, Rain Gutters
Roof
Shingle, Rubber

Financial

HOA Fee
$206
HOA Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Trash, Reserve Funds
Tax Year
2025
Taxes
$3,895

Map

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Community

Property Summary

    5 Larchmont Road # 3 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $415,000 and features 2 beds, 1 baths, and has approximately 805 square feet of living space, and was originally constructed in 1925. The current price per square foot is $516. The average price per square foot for Condo listings in Salem is $426. The average listing price for Condo in Salem is $520,562. To schedule a showing of MLS#73451379 at 5 Larchmont Road # 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
5 Larchmont Road # 3
Salem, MA