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55 Ocean Ave 3Salem, MA 01970

For Sale

$499,000

Smart Buyer Rebate - Ask

Salem charm at its finest in this 3 bedroom, 1 full bath condo with beautiful hardwood floors, high ceilings, crown moldings, original clawfoot tub, loads of natural light, laundry in unit, updated electrical, outside space and off street parking. Enter into a bright living room with lovely detailed mantels just off of the dedicated dining room with electric fireplace and two pantry closets for plenty of storage. Enjoy the large kitchen with granite countertops, wood cabinets, and stainless steel appliances. Outside of this well designed condo, you will find a large attic exclusive to this unit, an oversized storage unit in the basement, shared yard space, and an exclusive garden area to grow whatever you would like. Relax on the wrap around porch overlooking the yard space or venture down the street to one of the nearby beaches or parks. Other local amenities include, Salem State University, Salem Commuter Rail, downtown Salem, restaurants, shops and much more. Join us for an open house Saturday 7/25 from 11:00-12:30 or schedule a private showing today.

Listed by Farrar Realty Group

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Atlantic Coast Homes,Inc

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978-578-3448

Last updated July 22, 2026

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Source: MLSPin #73545195

Listing Facts

  • TypeCondo
  • NeighborhoodSouth Salem
  • Bedrooms3
  • Bathrooms1
  • Days on Prevu25
  • HOA/Maint. Fees$245/month
  • Taxes$5,189/year
  • Size1,395 sqft
  • Price per sqft$358

Amenities

  • Private Outdoor Space
  • Parking

Location

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Listing History

07/06/2026
Listed by Atlantic Coast Homes,Inc
$499,000

Property Details for 55 Ocean Ave 3

Association

Fees

  • Association Fee: $245.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Slate
  • Stories: 1
  • Stories Total: 1
  • Structure Type: 2/3 Family
  • Window Features: Insulated Windows
  • Year Built: 1895
  • Year Built Details: Actual
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Entry Level: 3
  • Exterior Features: Porch

Features

  • Patio And Porch Features: Porch
  • Waterfront Features: 3/10 To 1/2 Mile To Beach

Measurements

  • Building Area Total: 1,395
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.10
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,400
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0033 B:0393 L:0803,4421182
  • Tax Annual Amount: $5,189.00
  • Tax Assessed Value: $481,400.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Hardwood

Measurements

  • Living Area: 1,395
  • Living Area Source: Public Record

Rooms

  • Basement: Y
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Rooms Total: 6

Parking

Parking

  • Open Parking Spaces: 1
  • Parking Features: Off Street
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 1 bathroom in this condo at 55 Ocean Ave 3.

Does this condo have parking?

Yes, there is 1 parking space available for 55 Ocean Ave 3.

What are the annual taxes for 55 Ocean Ave 3?

Annual taxes for this condo are estimated at $5,189.

How does 55 Ocean Ave 3 compare to other condos in South Salem?

This condo is listed 5% below the average price for condos in South Salem and has been on the market for 17 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,395 sqft.

55 Ocean Ave 3 is a 3-bedroom, 1-bath condo for sale in Salem MA 01970. On Prevu for 25 days at $499,000. This property features 1,395 square feet of living space, located in South Salem. The median listing price for condos in this area is $624,500. Property amenities include private outdoor space and parking. Browse more condo listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.