CCertihomes
155 Washington St #206, Salem, MA 01970

$2,250

1 beds 1 baths 832 sqft69 days on marketActive

About this home

Rent will increase from $2250 to $2, 550 on August 1, 2024, and will remain at this rate until the end of the lease. This spacious 1-bedroom, 1-bath apartment includes an office/study and features an open kitchen/living area with high ceilings, maple cabinets, and black granite countertops. It boasts hardwood floors throughout, central AC, and a washer/dryer in the unit. One parking spot is included behind the building. The apartment is pet-friendly, subject to a two-pet limit with breed and weight restrictions. Hot water included. Tenants are responsible for gas (heating and cooking) and electricity. Located in the heart of downtown Salem, the apartment is near numerous restaurants and shops, the waterfront, and the Peabody Essex Museum. It is within a short distance of the commuter train station, offering a 30-minute commute to Boston. 1-year lease term is required, along with first and last month's rent and 1/2 security deposit.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$490/mo

Real estate (PITI + HOA + PMI)
$55
Principal + interest$15
Property tax + insurance$39
PMI / 2nd mortgage$1
Utilities
$407
Heating + cooling$42
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$490/mo TLC
Budget$5,000/mo
Remaining after TLC$4,510/mo
Purchase price
$2,250
Down payment
$113 (5%)
Loan amount
$2,138
APR
7.2%

Quick facts

Type
Apartment
Style
Year built
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73204766
County
Essex

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 2/22/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.