Condominium at 75 Summer St # 5, Salem MA 01970
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20 photos

$464,900

75 Summer St # 5, Salem MA 01970
Salem, MA 01970
Listed by Elizabeth Fair
Bedrooms
2
Bathrooms
1
Living area
760 sqft
Year built
1900

About this home

Open concept two bedroom, one bathroom penthouse condo with beautiful exposed brick, hardwood floors, large eat-in kitchen with stainless steel appliances, and in-unit laundry, This sunny corner unit features lots of windows with excellent natural light, abundant closet space, as well as additional basement storage, and one designated off-street parking space. Centrally located near Salem's vibrant downtown, the unit is in close proximity to the MBTA Commuter Rail Station to Boston or instead, stay in Salem and enjoy a variety of restaurants, trendy shops, a world class museum, tranquil waterfront and many other amenities Salem has to offer.

Property details

MLS
MLS Property Information Network
MLS #
73497088
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
196
On market date
April 7, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
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
Saltonstall School
0.4 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
0.44 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
New Liberty Innovation School
0.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
54
Student:teacher ratio
13.5:1
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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 196 days -- 94 more days than Salem's current average of 102 days.
For reference, the median list price across 397 active listings in Salem right now is $410,000.

Mortgage calculator

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

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Est. monthly payment
$2,950/mo
$92,980 down
$371,920 loan
Principal & interest$2,412
Property tax (est.)$387
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 1, 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.