Active
122 Days on market
56 Ward St #3B Salem — Photo 1 of 14

56 Ward St #3B Salem — Photo 1 of 14

$335,000

56 Ward St #3B, Salem, MA 01970

Salem, MA 01970

Beds

3

Baths

1

SqFt

1,056

Style

Condominium

Built

1915

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$317/sqft
Local Avg (Salem)$461/sqft
31% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Salem, MA.

Property Details

Financials

Original Price$335,000
Annual Taxes$2,539
HOA Fee$325

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • House of Worship • Marina • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Third
Dining Room
Lvl Third
Kitchen
Lvl Third
Master Bedroom
Lvl Third
Bedroom 2
Lvl Third
Bathroom 1
Lvl Third

Population

44,738

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$85K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

50.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Victor Paulino

Listing Office: Engel & Volkers By the Sea

MLS® Number: 73518468

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