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42 Broad Street Condominium - 42 Broad Street Unit 4

Salem, MA 01970

Name: Open House: 12pm-2:30pm
Start: 2025-01-19T12:00:00
End: 2025-01-19T14:30:00
Location: 42 Broad Street Unit 4

2 beds
2 baths
1,060 sqft
$471 per sqft
1900 build
– on site

This bright spacious two bedroom condo is located on a wide residential boulevard conveniently located within blocks to downtown Salem, the Historic Federal McIntire District, as well as close to the major highways and train station for commuting. Newly installed windows throughout for efficient heat lend to the bright rooms with high ceilings. Two very large bedrooms, the main bedroom with full bath and double closets, in-unit laundry, spacious walk-in entry closet, large living room and eat-in kitchen with sliding doors to a private deck complete this unit. The unit also offers a storage room and two deeded parking spaces in the rear of the property. New Heating system and new hot water heater installed second week of January 2025. Solid HOA and management company make this a rare opportunity for a buyer to have all the amenities Salem has to offer. As a resident, many free passes to museums, sandy beaches and harbor. See Firm Remarks regarding offers.

Listing courtesy of MLSPIN / Debra Goldberg / William Raveis R.E. & Home Services

Last checked: Checking… • Last updated Jan 18, 2025 •

MLS# 73325810 —

The Building

Year Built:

1900
Year Built Details:

Approximate
Year Built Source:

Public Records
Building Name:

42 Broad Street Condominium
Structure Type:

Mid-Rise
Entry Level:

2
Roof:

Slate
Basement:

Y
Window Features:

Insulated Windows
Accessibility Features:

No
Unit Number:

4
Stories Total:

1
# of Units Total:

7
Building Area Total:

1060
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

4
Interior Features:

Walk-In Closet(s)
Living Room Level:

Second
Living Room Features:

Flooring - Hardwood, Lighting - Overhead, Crown Molding
Kitchen Level:

Second
Kitchen Features:

Flooring - Wood, Balcony / Deck, Recessed Lighting, Lighting - Pendant
Flooring:

Wood
Fireplace:

false
Laundry Features:

Laundry Closet

Room Dimensions

Living Area:

1060
Living Room Area:

169
Living Room Length:

13
Living Room Width:

13
Kitchen Area:

130
Kitchen Length:

10
Kitchen Width:

13
Bedroom 2 Area:

110
Bedroom 2 Length:

10
Bedroom 2 Width:

11
Master Bedroom Area:

120
Master Bedroom Length:

10
Master Bedroom Width:

12
Bathroom 1 Area:

35
Bathroom 1 Length:

5
Bathroom 1 Width:

7
Bathroom 2 Area:

56
Bathroom 2 Length:

7
Bathroom 2 Width:

8

Location

Directions:

Jefferson to Jackson to Broad or Essex to Broad
Latitude:

42.517414
Longitude:

-70.902569

The Property

Parcel Number:

4078550
Property Type:

Residential
Property Subtype:

Condominium
Property Attached:

true
Lot Size Units:

Acres
Zoning:

R2
Water View:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Book Number:

29680
Tax Annual Amount:

4846.71
Tax Assessed Value:

427400

Beds

Bedrooms Total:

2
Master Bedroom Level:

Second
Master Bedroom Features:

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Bedroom 2 Level:

Second
Bedroom 2 Features:

Closet, Flooring - Wall to Wall Carpet

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2
Bathroom 1 Level:

Second
Bathroom 1 Features:

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
Bathroom 2 Level:

Second
Bathroom 2 Features:

Bathroom - With Tub & Shower, Flooring - Vinyl
Master Bath Features:

Yes

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public
Green Energy Efficient:

Thermostat

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false
Association Amenities:

Storage
Association Fee:

316.9
Association Fee Includes:

Insurance

Parking

Garage:

false
Parking Total:

2

Monthly cost estimate

42 Broad Street Condominium - 42 Broad Street Unit 4

Asking price

$499,900

Expense	Monthly cost
Mortgage	$2,676
Taxes	$403
Insurance	$137
Utilities	$243 See report
Total	$3,459/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

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Provided by WalkScore® Inc.

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Sale history

Date	Event	Source	Price	% Change
1/14/25 Jan 14, 2025	Listed / Active	MLSPIN	$499,900	118.3% (8.2% / YR)
8/13/10 Aug 13, 2010		MLSPIN	$229,000	-22.4% (-5.1% / YR)
3/14/06 Mar 14, 2006		MLSPIN	$295,000

41% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $51k over asking price.

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This condo located in South Salem, Salem, MA 01970 is currently for sale for $499,900. 42 Broad Street Condominium - 42 Broad Street Unit 4 is a 1,060 square foot condo with 2 beds and 2 baths that has been on Estately for 6 days. 42 Broad Street Condominium - 42 Broad Street Unit 4 is in the South Salem neighborhood of Salem and has a WalkScore® of 93, making it a walker’s paradise. This condo is in the attendance area of Salem High School, Collins Middle School, Nathaniel Bowditch School, Bentley Elementary School, Witchcraft Heights Elementary School, Carlton Elementary School, Horace Mann Laboratory School, Bates Elementary School, and Saltonstall School.

Listing Courtesy of: MLSPIN and William Raveis R.E. & Home Services.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.