20 Central Street #402
$619,000
2
Beds
2
Baths
1,395
Sqft
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$619,000
2
Beds
2
Baths
1,395
Living Area
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Property Description
What sets this Salem condo apart begins with the deeded underground garage parking with direct interior access and elevator service—a rare and valuable convenience in the heart of downtown. From this prime location, you’re steps from Salem’s best restaurants, museums, shops, and entertainment, while enjoying the privacy and ease of a secure building. The unit itself is perfectly positioned to capture unobstructed views of historic Derby Square and the Old Town Hall—protected landmarks that guarantee the vistas will remain timeless. Large windows and two private decks invite natural light and frame these one-of-a-kind views, offering an urban backdrop unlike any other in Salem. Add in thoughtful updates, modern comforts, and the unmatched combination of garage parking and elevator access, and you have a residence that balances convenience, character, and lasting value in one of New England’s most celebrated cities.
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Highlights
- Area: Downtown
- Cooling: Air Source Heat Pumps (ASHP)
- Heating: Air Source Heat Pumps (ASHP)
- Property Class: Residential
- Stories: 1
- Unit Number: 402
- Status: Active
- Building Name: Central Plaza Condominiums
- Has View: Yes
- HOA Fee: $543
- Property Type: Condominium
- Total Rooms: 5
- Year Built: 1980
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Additional Details
- Appliances: Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Wood, Tile, Carpet, Flooring - Hardwood
- Pets Allowed: Yes w/ Restrictions
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
- Basement: N
- Exterior Features: Courtyard, Balcony, City View(s)
- Interior Features: Walk-In Closet(s), Lighting - Pendant, Entrance Foyer
- Roof: Rubber
- Total Number of Units: 50
- Year Built Details: Renovated Since
- Zoning: B5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Under, Off Street, Deeded
- Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Covered Parking Spaces: 1
- Security Features: Intercom
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $480,900
- Compensation Based On: Net Sale Price
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $5,453
- Buyer Agent Compensation: 2%
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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