INNOVATE
Real Estate
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$579,000

16 Cloutman St # 2, Salem MA 01970
Salem, MA 01970
Listed by Farrar Realty Group
Bedrooms
3
Bathrooms
2
Living area
1,359 sqft
Year built
1915

About this home

You will not want to miss this spacious and tastefully designed 3 BR, 2 BA condo in a fantastic location. Featuring an open concept living and dining room area with loads of natural light and gleaming hard wood floors. Step into the kitchen where you'll find white cabinets, granite countertops, stainless steel appliances and plenty of storage. Three good sized bedrooms with an ensuite in the primary. Other amenities include a washer and dryer in unit and two off street parking spaces. This property places you just minutes from Salem Hospital, Salem State University, public transportation and the city’s vibrant downtown scene—home to an eclectic mix of restaurants, cafés, breweries, and boutique shopping. Outdoor spaces like Gallows Hill Park, Forest River Park and Palmer Cove Park are nearby for recreation and relaxation, while Salem’s historic waterfront and cultural attractions are easily accessible as well. Join us for one of the open houses or schedule a private showing today.

Property details

MLS #
73511871
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
115
On market date
May 3, 2026
Stories
1
Garage spaces
N/A
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Horace Mann Laboratory
0.45 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
293
Student:teacher ratio
10.9:1
District
Salem
Middle
Collins Middle
0.62 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 High
0.54 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
803
Student:teacher ratio
8.2:1
District
Salem

Mortgage calculator

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Est. monthly payment
$3,637/mo
$115,800 down
$463,200 loan
Principal & interest$3,004
Property tax (est.)$483
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 22, 2026.

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.