40 Essex St, Unit 2

$539,000
Price
2
Beds
1,159 Sq. Ft.
$465 / Sq. Ft.
1,159
Sq. Ft.
$465
per Sq. Ft.

Description

Desirable downtown Salem condo in three-unit building with a custom kitchen featuring stainless steel appliances and a granite countertop. Two bedrooms, two bathrooms, in-unit laundry, hardwood floors, and off-street parking with one garage space. The open dining and living room combine to make plenty of entertaining space. New disposal, stove, dishwasher and kitchen faucet in 2025. Pets – ‘one ordinary domestic household cat or dog may be kept by any unit owner’. Venture just 0.4 miles to the Peabody...Desirable downtown Salem condo in three-unit building with a custom kitchen featuring stainless steel appliances and a granite countertop. Two bedrooms, two bathrooms, in-unit laundry, hardwood floors, and off-street parking with one garage space. The open dining and living room combine to make plenty of entertaining space. New disposal, stove, dishwasher and kitchen faucet in 2025. Pets – ‘one ordinary domestic household cat or dog may be kept by any unit owner’. Venture just 0.4 miles to the Peabody Essex Museum and take advantage of all that awaits in the bustling downtown, featuring dozens of restaurants. Commuting is easy with the Salem train station 0.7 miles away. Stick close to home and enjoy the Salem Common 0.2 miles, Collins Cove or the Derby Wharf both at just 0.3 miles away.
  1. Listed by Jonathan Davis • Coldwell Banker Realty - Beverly

Property Details for 40 Essex Street, Unit 2

Town
Salem
Area
MA-Salem
Style
Townhouse
Garage Spaces
1
Parking Spaces
2.00
Parking Spaces Total
3
Unit Placement
Middle

Open Houses

Saturday, Dec 6th

11:30 AM - 1:00 PM

Public

Sunday, Dec 7th

11:30 AM - 1:00 PM

Public

LISTING UPDATED: 12/02/2025 12:48 PM

Property Details for 40 Essex Street, Unit 2

StatusPrice Changed
MLS #73453515
Days on Market23
Taxes$5,439 / year
HOA Fees$187 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1870
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Beverly, Jonathan Davis
Add your commute

Building Information for 40 Essex Street, Unit 2

Building/Complex40 Essex StFloor2Stories1Residences3Pet PolicyAllowedPet Policy Details-Year Built1870

Payment Calculator

$3,304 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,663

Property Taxes

$453

HOA Dues

$187

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Essex Street, Unit 2

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, T-Station
  • Living Area: 1159.0
  • SqFt with Basement: No
  • Total Units: 3
  • Type of Condo: Condo
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Converted: 2008
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: Y
  • Common Walls: Middle
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • Interior Features: Window AC
  • Laundry Features: Laundry Closet, Main Level, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Patio, Rain Gutters
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof Material: Shingle
  • Structure Type: Townhouse
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Detached, Assigned, Off-Street
  • Parking Features: Detached, Assigned, Off-Street
  • Parking Features: Assigned, Off-Street
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 187.0
  • Room Primary Bedroom Features: Bathroom - Full,Closet,Flooring - Hardwood,Lighting - Overhead
  • Room Primary Bedroom Length: 17.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 11.0
Bedroom 2
  • Bedroom2 Area: 187.0
  • Bedroom2 Features: Closet,Flooring - Hardwood
  • Bedroom2 Length: 17.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 11.0
Bathroom 1
  • Bathroom1 Area: 63.0
  • Bathroom1 Features: Bathroom - Full,Bathroom - Tiled With Tub & Shower,Flooring - Stone/Ceramic Tile
  • Bathroom1 Length: 9.0
  • Bathroom1 Level: Second
  • Bathroom1 Width: 7.0
Bathroom 2
  • Bathroom2 Area: 56.0
  • Bathroom2 Features: Bathroom - 3/4,Bathroom - Tiled With Shower Stall,Enclosed Shower - Fiberglass,Pedestal Sink
  • Bathroom2 Length: 8.0
  • Bathroom2 Level: Second
  • Bathroom2 Width: 7.0
Dining Room
  • Dining Room Area: 110.0
  • Dining Room Features: Closet,Flooring - Hardwood,Open Floorplan,Lighting - Overhead
  • Dining Room Length: 11.0
  • Dining Room Level: Second
  • Dining Room Width: 10.0
Kitchen
  • Kitchen Area: 198.0
  • Kitchen Features: Flooring - Hardwood,Countertops - Stone/Granite/Solid,Exterior Access,Recessed Lighting,Stainless Steel Appliances
  • Kitchen Length: 18.0
  • Kitchen Level: Second
  • Kitchen Width: 11.0
Living Room
  • Room Living Room Area: 252.0
  • Room Living Room Features: Closet,Flooring - Hardwood,Cable Hookup,Exterior Access,Open Floorplan,Lighting - Overhead
  • Room Living Room Length: 21.0
  • Room Living Room Level: Second
  • Room Living Room Width: 12.0
Property Information
Property Info
  • Documents Available: Master Deed, Rules & Regs
  • Documents Count: 2
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Listing agent is an owner. Sellers have not lived in the property for 12+ years. Buyer and buyer agent to do own due diligence. Dimensions are approximate.
Tax Information
  • Tax ID: M:35 L:0434 S:802,4765545
  • Assessments: $479,600
  • Book: 27917
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 1
Other Building Characteristics
  • Heat Zones: 2
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
  • Management: Owner Association
  • Units Owner Occupied: 2
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 2
  • Unit Floor Level Integer: 2.0

Property History for 40 Essex Street, Unit 2

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Price Change

MLS PIN #73453515

$539,000
Nov 11, 2025

Listed (Active)

MLS PIN #73453515

$549,000
Jul 15, 2008

Sold

MLS PIN #70645894

$253,000
Jun 11, 2008

Contingent

MLS PIN #70645894

Sep 11, 2007

Listed (Active)

MLS PIN #70645894

$329,900
DateEvent & SourcePrice
12/02/2025

Price Change

MLS PIN #73453515

$539,000
11/11/2025

Listed (Active)

MLS PIN #73453515

$549,000
07/15/2008

Sold

MLS PIN #70645894

$253,000
06/11/2008

Contingent

MLS PIN #70645894

09/11/2007

Listed (Active)

MLS PIN #70645894

$329,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Essex Street, Unit 2

Taxable ValueLand-Additions$479,600Total-
Tax Record2025$5,439 ($453 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,159 SqFtAbove Grade Finished SqFt1,159 SqFtStories1Lot Size5,144 SqFtStyleCondominiumYear Built1870Year Renovated2000ZoningR2CountyESSEXAPNSALE M:35 L:0434 S:802

Schools near 40 Essex Street, Unit 2

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory School
PublicPK to 5

Bates Elementary School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40 Essex Street, Unit 2 is a condo for sale in Salem, MA 01970. This property was listed for sale on November 11, 2025 by Coldwell Banker Realty - Beverly, it's currently listed at $539,000. It has been on the market for a total of 23 days and was last sold on July 15, 2008. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory School, Bates Elementary School and Carlton Elementary School. 40 Essex Street, Unit 2 is a 2-bed, 2-bath, 1,159 sqft condo built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Beverly, Jonathan Davis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.