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$775,000

Listing Price

1beds

1baths

1,925sqft

1,864sqft lot

55 Perkins St, Salem, MA 01970

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

402.6

Price / sqft

1915

Year built

Home Details

Welcome to Studio 55, a masterfully converted shoe factory transformed into a 1,925 sqft single-family masterpiece. This rare architectural gem perfectly blends industrial grit with luxury living. The versatile first floor features exceptional space for an art studio, workshop, office, or gym, complemented by a rare, heated 2-car garage plus 2 off-street spaces. Head upstairs to a jaw-dropping residential sanctuary defined by, exposed brick, sandblasted timber beams, and red oak floors. The open-concept main level offers seamless flow between the kitchen, dining, and living areas perfect for gatherings with oversized windows. It features 2 spacious bedrooms including a primary with custom storage and a beautifully appointed bath. The crowning jewel is the private rooftop terrace, ideal for entertaining with views toward Salem Harbor. Just moments from downtowns dining, shops, museums, and commuter rail, this is a true unicorn property with undeniable soul!

Interior Details

Square Feet
  • 1925

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 1864

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Other

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,293

$89,300

$346,200

--%

$435,500

2019

$5,602

$74,700

$296,300

--%

$371,000

2018

$3,887

$62,200

$190,500

--%

$252,700

2017

$3,001

$53,100

$136,100

--%

$189,200

2016

$2,965

$53,100

$136,100

--%

$189,200

2014

$2,635

$45,600

$111,900

--%

$157,500

2013

$2,580

$45,600

$111,900

--%

$157,500

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Average Home Price in 01970

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$908,910

2 Beds

1 Baths

1,756 Sqft

2,448 Lot (sqft)

Sold 05/20/2026

$775,000

1 Beds

1 Baths

1,925 Sqft

1,864 Lot (sqft)

Sold 10/13/2026

$925,000

4 Beds

3 Baths

1,794 Sqft

2,587 Lot (sqft)

Sold 10/13/2026

$390,000

5 Beds

3 Baths

2,128 Sqft

5,001 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
775,000
$
Down payment
155,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,650
$
HOA (Monthly)
0
$
PMI
0
$
$5,017
Your Payment
Total Monthly Payment:$5,017
Percent of Income:86%
Affordable:No

Details for 55 PERKINS ST

Property Debt

Foreclosure Contact Details