Why Pay Rent? Start building equity in this appealing two-bedroom condo located in a well-established neighborhood just minutes from all that Salem has to offer, including restaurants, shopping, the waterfront, and commuter rail service. Inside, you'll find a spacious eat-in kitchen, comfortable living room, and two generously sized bedrooms, all featuring hardwood floors and high ceilings that add warmth and character. The bathroom offers a durable, easy-care ceramic tile floor, and the convenience of an in-unit washer and dryer makes everyday living a breeze. Additional highlights include dedicated basement storage and a location that combines neighborhood charm with easy access to local amenities. Don't miss this opportunity to stop renting and start owning. Make homeownership a reality today!
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Last Checked: June 30th, 2026 at 5:28am (Source: MLS PIN #73530195)
Air Conditioning
Lead Paint Free
General Information for 12 1/2 Dearborn Street # 2, Salem MA 01970
Listing ID73530195
Property TypeCondominium
Price385000 ($472.39/SqFt)
Building Style2/3 Family
CitySalem
CountyEssex
Neighborhood(s)Ipswich
Total Parking0
Unit Level2
Levels in Unit1
Year Built1890
Year Built SourcePublic Records
Year Renovated2004
Year Built DetailsApproximate
Building Construction StatusReady for Occupancy
ZoningR2
Unit Features for 12 1/2 Dearborn Street # 2, Salem MA 01970
Approximate Living Area Total815
Living Area Includes BasementNo
Rooms4
Bedrooms2
Primary En Suite BathroomYes
BasementFull
CoolingSplit
LaundryArchway
Fireplaces
Outdoor Space
FlooringTile
Electric
AppliancesRange
Condo Association Features for 12 1/2 Dearborn Street # 2, Salem MA 01970
Complex NameThe Residences At 12-12 1/2 Dearborn St
Pet PolicyNot Allowed
Building ManagementDeveloper Advisory Board
Building Construction StatusReady for Occupancy
Number of Units6
Units Owner Occupied4
Year Built1890
Year Built DetailsApproximate
Year Built SourcePublic Records
Unit Last Renovated2004
WaterPublic
SewerPublic Sewer
Parking Features
Building Amenities
Disclosures for 12 1/2 Dearborn Street # 2, Salem MA 01970
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceField Card
Special Listing Conditions
ExclusionsRefrigerator And Some Personal Belongings
Owner Occupancy SourceOwner
Compensation Based On
Documents AvailablePerc Test
Financial Information for 12 1/2 Dearborn Street # 2, Salem MA 01970
Association Fee
Optional Fee0
Association Fee IncludesLandscaping
Optional Fee Includes
Association Fee FrequencyMonthly
Assessed Value$387,300
Real Estate Tax4330
Tax Year2026
Location Information for 12 1/2 Dearborn Street # 2, Salem MA 01970
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 12 1/2 Dearborn Street # 2, Salem MA 01970