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126-1/2 Federal St, Salem MA 01970

Salem, MA 01970 • McIntire Historic District
$1,050,000
Est. $6,390/month
4
Beds
3
Baths
2,926
Sq Ft
$359
Price/Sq Ft
0.06
Acres
1880
Year Built
11 hours 21 minutes
Time on Market
Active Open House Listed May 11, 2026 • MLS# 73516169 Copied!

About this home

Beautifully maintained 1880 Salem multi-family brimming with character, space, and flexibility. Both units feature hardwood floors throughout, oversized windows flooding the space with natural light, spacious layouts, and inviting living areas ideal for everyday living and entertaining. Generous pantry storage, walk-in closets, stone and granite countertops, and updated electrical panels add comfort and peace of mind. Unit 2 spans two levels with cathedral ceilings, wall AC, and a dedicated family room. A full unfinished basement provides laundry and abundant storage. Enjoy a private patio and porch perfect for relaxing, gardening, or entertaining, plus 6 deeded off-street parking spaces — all minutes from downtown Salem, dining, shopping, and commuter rail. Formerly a legal grandfathered 3-family with potential future conversion/ADU possibilities subject to buyer due diligence and city approvals. See firm remarks and attached documents for additional information.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
3
Living Area
2,926 sq ft
Total Rooms
13
Stories
3
Levels
3

Open House Schedule

17
May
Sunday, May 17
1:30 PM - 3:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1880
Living Area 2,926 sq ft
Lot Size 0.06 acres
Bedrooms 4
Full Baths 3
Total Rooms 13

Interior

Heating Forced Air, Natural Gas, Steam, Wall Unit
Cooling Wall Unit(s)
Flooring Wood, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Freezer, Microwave
Fireplace None
Basement Full, Interior Entry, Bulkhead, Concrete
Laundry Gas Dryer Hookup
Features Ceiling Fan(s), Pantry, Storage, Stone/granite/solid Counters, Walk-in Closet(s), Bathroom With Tub & Shower, Cathedral/vaulted Ceilings, Bathroom With Shower Stall, Living Room, Dining Room, Kitchen, Family Room

Exterior

Construction Frame, Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Paved Drive, Off Street, Deeded
Total Spaces 6

Utilities

Electric Circuit Breakers, 100 Amp Service, Common
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer

Financial

Annual Tax $10,564
Assessed Value $931,600

Interior Features

Flooring: Wood, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Freezer, Microwave
Interior Features: Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Walk-In Closet(s), Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Family Room
Windows:
Basement: Full, Interior Entry, Bulkhead, Concrete
Laundry: Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame, Conventional (2x4-2x6)
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Steam, Wall Unit
Cooling: Wall Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Deeded

Location

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Neighborhood

McIntire Historic District

126-1/2 Federal St, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
The Phoenix School
0.4 mi
Grades PK-08
B-
Saltonstall School
0.8 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
0.9 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
C+
Collins Middle School
0.5 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
2.0 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.1 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $880
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 11, 2026
$1,050,000
Original listing
Agent: Daniel Meegan Office: J. Barrett & Company

Price & Status History

Date Event Price Change
May 11, 2026 New Listing Added $1,050,000

Market Statistics

Time on Market
11 hours 21 minutes
Price per Sq Ft
$359

Tax History

Year Taxes Assessment
2025 $10,564 $931,600

Financial Details

Annual Property Tax
$10,564
Tax Year 2025
Assessed Value
$931,600

Listing Information

Listing Agent Daniel Meegan
Listing Office J. Barrett & Company
Agent MLS ID BB809158
Office MLS ID AC2087
Listing Data Updated May 11, 2026 4:05 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

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