Single Family Residence at 5 Chandler Rd, Salem MA 01970
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$674,900

5 Chandler Rd, Salem MA 01970
Salem, MA 01970
Listed by Kendall Reyes
Bedrooms
3
Bathrooms
1.5
Living area
2,049 sqft
Year built
1953

About this home

BACK ON THE MARKET DUE TO BUYER FINANCING! Welcome to this beautifully updated classic New England Cape, ideally located just steps from Vinnin Square in historic Salem, Massachusetts. Blending timeless charm with thoughtful modern updates, this home is truly move-in ready. Step inside to gleaming hardwood floors and a warm, inviting living room centered around a cozy wood-burning fireplace. The main level also features a spacious dining room, an updated open-concept kitchen, and a conveniently located first-floor bedroom. Just off the kitchen, the updated three-season room provides the perfect space to relax, entertain, or enjoy your morning coffee. Upstairs, you'll find two generously sized bedrooms and a full bathroom.The finished lower level adds even more living and entertaining space, complete with a wet bar, perfect for game days, movie nights, or hosting friends and family. Recent improvements include an updated kitchen and bathrooms, a new furnace and water heater, a new patio, and more.Outside, enjoy a fenced-in backyard with a new patio, offering a great setting for summer cookouts and outdoor entertaining. A detached garage provides additional parking and storage.Conveniently located just minutes from the beach, golf course, commuter rail, shopping, dining, and all the history and excitement of downtown Salem, this home offers the perfect combination of character, updates, and location. A must-see Salem home! Open House Saturday 9/26 10-12PM

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73562543
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
72
On market date
August 12, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
1
Parking spaces
4
Lot size
0.14 acres
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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
Glover
0.94 mi away · Grades -1-3
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
304
Student:teacher ratio
10.5:1
District
Marblehead
Middle
Swampscott Middle
1.01 mi away · Grades 5-8
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
682
Student:teacher ratio
10.8:1
District
Swampscott
High
Swampscott High
1.24 mi away · Grades 9-12
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
653
Student:teacher ratio
10.9:1
District
Swampscott

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).

78
Walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks9
Schools7
Transit stops20
Pharmacies7

Market position

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

On the market 72 days -- 31 fewer days than Salem's current average of 103 days.
For reference, the median list price across 403 active listings in Salem right now is $420,000.

Mortgage calculator

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Est. monthly payment
$4,214/mo
$134,980 down
$539,920 loan
Principal & interest$3,502
Property tax (est.)$562
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 25 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.