
5 Chandler Rd Salem — Photo 1 of 42
Recent Drop: $14,100
$674,900
5 Chandler Rd, Salem, MA 01970
Salem, MA 01970
Beds
3
Baths
1.5
SqFt
2,049
Style
Single Family
Built
1953
BACK ON THE MARKET DUE TO BUYER FINANCING! Welcome to this beautifully updated classic New England Cape, ideally located just steps from Vinnin Square in historic Salem, Massachusetts. Blending timeless charm with thoughtful modern updates, this home is truly move-in ready. Step inside to gleaming hardwood floors and a warm, inviting living room centered around a cozy wood-burning fireplace. The main level also features a spacious dining room, an updated open-concept kitchen, and a conveniently located first-floor bedroom. Just off the kitchen, the updated three-season room provides the perfect space to relax, entertain, or enjoy your morning coffee. Upstairs, you'll find two generously sized bedrooms and a full bathroom.The finished lower level adds even more living and entertaining space, complete with a wet bar, perfect for game days, movie nights, or hosting friends and family. Recent improvements include an updated kitchen and bathrooms, a new furnace and water heater, a new patio, and more.Outside, enjoy a fenced-in backyard with a new patio, offering a great setting for summer cookouts and outdoor entertaining. A detached garage provides additional parking and storage.Conveniently located just minutes from the beach, golf course, commuter rail, shopping, dining, and all the history and excitement of downtown Salem, this home offers the perfect combination of character, updates, and location. A must-see Salem home! Open House Saturday 9/26 10-12PM
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Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Golf • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 13
Flooring - Hardwood
Dining Room
Lvl First15 x 13
Flooring - Hardwood
Kitchen
Lvl First13 x 12
Flooring - Vinyl
Primary Bedroom
Lvl Second16 x 13
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second16 x 12
Bedroom 3
Lvl First12 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Property History
$674,900
Was $689,000
Sep 21, 2026
MLS® 73562543
$689,000
Aug 12, 2026
MLS® 73562543
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,049 sq ft principal dwelling). Lot size: 5,990 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Kendall Reyes
Listing Office: Keller Williams Gateway Realty
MLS® Number: 73562543
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