Active
1 Days on market
87 Bridge St #2 Salem — Photo 1 of 28

87 Bridge St #2 Salem — Photo 1 of 28

$689,000

87 Bridge St #2, Salem, MA 01970

Salem, MA 01970 — Salem Neck

Investor Analysis

Beds

3

Baths

2.5

SqFt

1,860

Style

Condominium

Built

1900

It is all about location. Welcome to 87 Bridge Street, Unit 2 in the Salem Neck neighborhood near Collins Cove Park & Beach. Originally built in 1900 and renovated in 2016, this spacious townhome offers four levels of living space with a versatile floor plan and a combination of classic character and modern updates.The main level features an open floor plan with hardwood flooring and recessed lighting. The kitchen offers premium grade stone/granite countertops, white shaker cabinets, a glass tile backsplash,a breakfast bar, & stainless steel appliances, including a newer dishwasher and refrigerator, with direct flow into the dining and living areas. A convenient half bath completes this level.The second floor includes two generously sized bedrooms with wood flooring and recessed lighting, along with a full tiled bathroom with tub featuring designer tile with mosaic accents.The private third-level primary suite features a generous sized walk-in closet and an en-suite spa like bathroom with a tiled shower and stone/granite vanity. The finished basement provides additional living space with a family room and storage, offering flexibility for a variety of uses. Additional features include central air conditioning, high efficiency gas heat, in-unit laundry with a full sized LG washer & dryer, access to common outdoor space, and exclusive parking. The property has its own exclusive driveway. Conveniently located near the Salem commuter rail, local parks, including Collins Cove Park & Beach, schools, and downtown Salem, with access to shopping, dining, and other area amenities. A spacious multi-level townhome with flexible living space and convenient access to all that Salem has to offer. Tenant is in place but moving out on or around 11/18.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$370/sqft
Local Avg (Salem)$486/sqft
24% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Salem, MA.

Property Details

Financials

Original Price$689,000
Annual Taxes$6,140
HOA Fee$175

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Baseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningB1

Property & Lot

Acres0.1
SqFt Lot4,500
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBathroom 3
Second
Bedroom 2Bedroom 3Bathroom 2
First
Bathroom 1
Basement
Family Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

12 x 14

Bathroom - Half, Closet, Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl Main,First

12 x 11

Bathroom - Half, Flooring - Wood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl Basement

23 x 10

Closet, Recessed Lighting, Flooring - Concrete

Master Bedroom
Lvl Third

18 x 15

Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wood, Recessed Lighting

Bedroom 2
Lvl Second

13 x 10

Bedroom 3
Lvl Second

11 x 10

Flooring - Wood, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Third

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Population

44,738

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$85K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

50.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Charleen Mccarthy

Listing Office: Five Mark Realty Group LLC

MLS® Number: 73575931

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