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49 Federal Street # 2, Salem MA 01970

Salem, MA 01970
$685,000
Est. $4,430/month
3
Beds
2.5
Baths
1,519
Sq Ft
$451
Price/Sq Ft
1800
Year Built
Condominium
Type
16 hours 31 minutes
Time on Market
Active Listed Mar 16, 2026 • MLS# 73487128 Copied!

About this home

Completely renovated 3BR, 2.5BA townhouse-style home in a classic Victorian Mansard in the heart of downtown Salem. Beautifully restored historic character meets modern comfort throughout. Main level offers a spacious living room w original Carrera marble fireplace & mantle, shaker kitchen w tile backsplash, gas cooking, stainless steel appliances, & formal dining area. Primary suite features walk-in closet and tiled en-suite bath w double vanity. High ceilings, refinished wide pine floors, crown molding, & restored raised-panel doors add warmth & charm. Lower level includes two bedrooms, full bath, & laundry. Enjoy your own exclusive back entrance & private patio area. Major updates include a newer architectural shingle roof, plumbing, electrical, hybrid hot water heater, high-efficiency multi-zone heat & AC, appliances, fixtures, interior & exterior paint, & spray foam insulation with soundproofing throughout. All of this just steps to Washington Street & one block to the train.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,519 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1800
Living Area 1,519 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Ductless
Cooling Ductless
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Deck, Patio
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $6,671
Assessed Value $618,800

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Storm Window(s)
Basement: Y
Laundry: In Basement, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1800
Effective Year (Renovated): 2022
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 5
Cooling: Ductless
Cooling Zones: 5
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Patio
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

49 Federal Street # 2, 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

9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.8 mi
Grades PK-08
B-
Saltonstall School
0.7 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-
Carlton School
0.7 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
0.9 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.0 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.0 mi
106 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.2 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
C-
Horace Mann Laboratory School
1.2 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
0.7 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
H

High Schools

2 schools
B+
Salem Academy Charter School
0.7 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
1.3 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $556
Homeowners Insurance $200
HOA Fee $210/mo
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
Mar 16, 2026
$685,000
Original listing
Agent: Willis + Tierney Office: Compass

Price & Status History

Date Event Price Change
Mar 16, 2026 New Listing Added $685,000 —

Market Statistics

Time on Market
16 hours 31 minutes
Price per Sq Ft
$451

Tax History

Year Taxes Assessment
2026 $6,671 $618,800

Financial Details

Annual Property Tax
$6,671
Tax Year 2026
HOA Fee
$210
Monthly
Assessed Value
$618,800

Listing Information

Listing Agent Willis + Tierney
Listing Office Compass
Agent MLS ID TM352050
Office MLS ID AN6818
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

Real-time market trends and pricing data for this area

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