Condominium at 2 Waters St # 2, Salem
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$599,990

2 Waters St # 2
Salem, MA 01970
Listed by Lia Pantelis
Bedrooms
2
Bathrooms
2.5
Living area
1,355 sqft
Year built
2005

About this home

Rare opportunity to own a stunning townhouse just steps from Salem's historic waterfront, Derby Wharf, and vibrant downtown dining and arts scene. Built in 2005 as part of a boutique association, this 2+ bedroom, 2.5 bath home lives like a single-family with the ease of condo ownership. The open-concept main floor features rich hardwood floors, soaring ceilings, recessed lighting, and a chef's kitchen that flows seamlessly into the dining and living areas — ideal for entertaining. Two generous bedrooms upstairs, including a primary suite with en-suite bath, plus flexible lower-level bonus space perfect for a guest room, home office, gym, or media room. A 1-car attached garage plus additional off-street parking completes this exceptional end unit townhouse. Recent upgrades include Roof 2025, Garage Door 2023, HVAC 2022, Appliances 2020-2021 along with many others! Easy access to the MBTA commuter rail for direct service to Boston's North Station. Turnkey, move-in ready, and not to be missed.

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73597836
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
2
On market date
November 2, 2026
Stories
4
Total bathrooms
2.5
Garage spaces
1
Parking spaces
2
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Bates
0.68 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
354
Student:teacher ratio
11.1:1
District
Salem
Middle
Collins Middle
0.78 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
Salem Prep High School
0.44 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
17
Student:teacher ratio
4.3:1
District
Salem

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 2 days -- 108 fewer days than Salem's current average of 110 days.
For reference, the median list price across 404 active listings in Salem right now is $427,400.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,763/mo
$119,998 down
$479,992 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.