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$499,000

55 Ocean Ave # 3, Salem MA 01970
Salem, MA 01970
Listed by Farrar Realty Group
Bedrooms
3
Bathrooms
1
Living area
1,395 sqft
Year built
1895

About this home

Salem charm at its finest in this 3 bedroom, 1 full bath condo with beautiful hardwood floors, high ceilings, crown moldings, original clawfoot tub, loads of natural light, laundry in unit, updated electrical, outside space and off street parking. Enter into a bright living room with lovely detailed mantels just off of the dedicated dining room with electric fireplace and two pantry closets for plenty of storage. Enjoy the large kitchen with granite countertops, wood cabinets, and stainless steel appliances. Outside of this well designed condo, you will find a large attic exclusive to this unit, an oversized storage unit in the basement, shared yard space, and an exclusive garden area to grow whatever you would like. Relax on the wrap around porch overlooking the yard space or venture down the street to one of the nearby beaches or parks. Other local amenities include, Salem State University, Salem Commuter Rail, downtown Salem, restaurants, shops and much more. Join us for an open house Saturday 7/25 from 11:00-12:30 or schedule a private showing today.

Highlights

Fireplace

Property details

MLS #
73545195
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
45
On market date
July 6, 2026
Stories
1
Garage spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Saltonstall School
0.38 mi away · Grades 0-8
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
378
Student:teacher ratio
10.5:1
District
Salem
Middle
Collins Middle
0.8 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
HighCharter
Salem Academy Charter School
0.7 mi away · Grades 6-12
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
495
Student:teacher ratio
10.3:1
District
Salem Academy Charter (District)

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 29 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.