Active
28 Days on market
24 Cabot #1 Salem — Photo 1 of 30

24 Cabot #1 Salem — Photo 1 of 30

Recent Drop: $1,000

$379,000
$378,000

$378,000

24 Cabot #1, Salem, MA 01970

Salem, MA 01970

Beds

2

Baths

1

SqFt

920

Style

Condominium

Built

1870

Location Location! Turn-key, first floor, sunny, 2 BR, 1BA pet friendly condo ready for it's new owner. Beautiful urban oasis seamlessly combining original character details with modern updates. Featuring lots of natural light, granite & stainless kitchen, renovated bathroom, crystal lights, new vinyl tile floors in the kitchen and bath, gleaming hardwood floors in the bedrooms and living room and high ceilings throughout. In-unit washer/dryer hookups. Condo fee includes heat and hot water. Wait there's more! A deeded oversized garage bay with automatic opener. Park 1 or 2 small cars. Use as an art studio with ample storage. Private backdoor entrance. Fabulous location in the heart of Salem. Close proximity to shops and restaurants, the MBTA train to Boston, Salem State, waterfront parks and so much more. Stop paying rent and start gaining equity. Some defered maintenance in the exterior and low reserves. Get involved in this welcoming complex. A fantastic opportunity for savvy buyers to get into the hot Salem market at a great price. 100% owner occupied. Private showings easy to schedule.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$411/sqft
Local Avg (Salem)$420/sqft
2% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Salem, MA.

Property Details

Financials

Original Price$379,000
Annual Taxes$3,954
HOA Fee$450

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingHot Water, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,900
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • University

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

Closet, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead

Master Bedroom
Lvl First

Closet, Flooring - Hardwood, French Doors, Lighting - Overhead

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Overhead

Property History

Price Drop
$378,000

Was $379,000

Aug 31, 2026

MLS® 73562998

Listed
$379,000

Aug 12, 2026

MLS® 73562998

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: Carol Henriquez

Listing Office: Coldwell Banker Realty - Cambridge

MLS® Number: 73562998

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