RENTED MAY 5, 2025

120 Washington St Unit 403 Salem, MA 01970

Downtown Salem Neighborhood
1 Bed
1 Bath
740 Sq Ft
0.55 Acres

About This Home

As of May 2025

Located in the heart of Salem’s Downtown near many great restaurants, bars, shops, Salem’s waterfront, and The Peabody Essex Museum. Convenient to the commuter train station with only a 30-minute commute to Boston. 1-bedroom 1-bathroom apartment in downtown Salem’s newly renovated Peabody Building offers 14-foot ceilings, modern kitchen with stainless appliances and quartz counters, penny tile bathroom floors, in-unit laundry and central AC. Building amenities include a common roof deck overlooking Lappin Park, bike storage, elevator, and secure key card access. Rent includes one heated garage parking space. Pet friendly building (one pet limit and breed/size restrictions apply). Pet rent is $25 monthly . *Tenant pays W/S, heat & hot water First Month’s rent deposit due with application. Remaining deposits of Last Month’s Rent and 1/2 Month Security Deposit due within 3 business days if approved.

Last Agent to Rent the Property

Obadiah Arthur

Thomas N. Margulis Listed on: 04/15/2025

Last Renter's Agent

Obadiah Arthur

Thomas N. Margulis Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.55

Parking

  • 1 Car Parking Space

Home Design

  • 740 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Laundry in unit
  • 0.55 Acre Lot
  • No Cooling

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 6/1/25
  • Rent includes laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 2136067

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2025-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2550

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 4
  • CoOp Comp: 2550
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Above Grade Finished Sq Ft: 740
  • Living Area: 740
  • Spa YN: No
  • MAIN LO: AN8219
  • LIST PRICE PER Sq Ft: 3.45
  • PRICE PER Sq Ft: 3.38
  • MAIN SO: AN8219

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 403

Lot Info

  • Parcel Number: 2136067
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 23984
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Rented $2,500 -2.0% --
04/15/2025 04/15/25 For Rent $2,550 +6.3% --
01/19/2023 01/19/23 Rented $2,400 0.0% --
01/13/2023 01/13/23 For Rent $2,400 +23.1% --
05/17/2019 05/17/19 Rented $1,950 0.0% --
03/26/2019 03/26/19 For Rent $1,950 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • O

    Landlord's Agent in 2025

    Obadiah Arthur

    Thomas N. Margulis

    Section Image
  • Doug Caves

    Buyer's Agent in 2023

    Doug Caves

    Concept Properties

    (617) 941-3848

    12 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73359736

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Salem 01970 Downtown Salem

120 Washington St Unit 403, Salem, MA

This home is located at 120 Washington St Unit 403, Salem, MA 01970 since 15 April 2025. 120 Washington St Unit 403 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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 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 or leasing 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 or leasing. 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.

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