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162 Federal St # 5, Salem MA 01970 – 2 bed 2 bath For Sale – 73312859

$ 599,900
162 Federal St # 5, Salem MA 01970,

Overview

  • Updated On:
  • January 31, 2025
  • listingid
  • 73312859
  • 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 1900
  • 401.25 HOA Fee

Description

Located In the heart of Salem’s coveted McIntire District & winner of the prestigious Tsongas Award for historic restoration in 2018, this large modern 2 bed 2 full bath upper unit in an elevatored wheelchair accessible building features tiled baths, stainless appliances, original character with soaring ceilings & oversized windows. Sun-splashed eat-in kitchen & living room. Gleaming hardwood floors. Laundry in unit. Large primary bedroom w/ en-suite bath and 2nd large bedroom with adjacent full bath. This stately historic building boasts an impressive checklist Including an elevator and TWO parking spaces per unit. This upper level unit features fabulous views of Salem, renovated/restored to the studs in 2018 with new plumbing, electric, kitchen & baths, gas heat & central a/c. Live in the heart of Salem’s most prestigious and convenient area with parking that allows easy access/ exit from Salem’s popular downtown.

Property Listing Details

Overview

MLS Status
Price $ 599,900
Living Area 1,385.00 ft2
Bedrooms 2
Total Rooms 5
Listing MLS ID 73312859
Days on Market 56
Bathrooms 2

Unit Information

Bedrooms 2
Full Bathrooms 2
Half Bathrooms 0
Cooling Central Air
Heating Forced Air,Natural Gas
Uncovered Parking 2
Garage Parking 0
Water View Yes
Unit Level 2
Common Walls
Laundry Features Gas Dryer Hookup,Washer Hookup
Lead Paint Unknown
Outdoor Space Available Yes - Common
Living Area Includes Basement N
Patio And Porch Features Patio
Parking Features Off Street,Assigned,Deeded,Paved
Waterview Features Canal
Flooring Tile,Hardwood

Building Information

Building Name
Units in Building 8
Pets Allowed Yes
Association Amenities Elevator(s)
Pool Features
Waterfront Features Beach Front,Ocean,River,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Association Fee Includes Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Reserve Funds
Construction Materials Frame
Year Built 1900
Security Features Intercom
Sewer Public Sewer
Spa Features
Structure Type Low-Rise
Water Source Public
Basement N
Roof Shingle,Slate,Rubber

Additional Details

Community Features Public Transportation,Shopping,Pool,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Disclosures Seller is licensed real estate broker. Taxes and assessment are estimates.
Last Updated 2025-01-30T21:21:00.000Z
Building Area Source Measured
MLS PIN Page
Parcel Number 2132220
Original List Price 599900
Listing Office atlantic coast homes,inc
Tax Annual Amount 7000
Tax Assessed Value 650000
Tax Book Number 34841
Tax Year 2024
Year Built Details Approximate,Renovated Since
Year Built Source Owner
Zoning R2
Listing Agent michael becker

Property Address

Address: 162 Federal St # 5, Salem MA 01970
City:
State/County:
Zip: 01970
Country: US

Amenities and Features

Other Features
Dishwasher
Disposal
Has Cooling System
Has Heating System
Open Parking
Patio
Plumbed For Ice Maker
Professional Landscaping
Rain Gutters
Range
Refrigerator

Payment Calculator

$ 3,838.52
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,877.36

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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162 Federal St # 5, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

162 Federal St # 5, Salem MA 01970 – 2 bed 2 bath For Sale – 73312859

$ 599,900

Status:

162 Federal St # 5, Salem MA 01970, , , 01970

Country: US

Property Overview

MLS #: 73312859

Type: / Low-Rise

Action:

Year Built: 1900 (Approximate,Renovated Since, Source: Owner, Effective: 2024)

Living Area: 1,385.00 ft2 (Total: 1385 Square Feet, Source: Measured)

Lot Size: 0.62 ft2 (Area: 0.62 Acres, SqFt: 27029)

Total Rooms: 5

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 2 (Main Level: )

Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )

Basement: N

Fireplaces: 0 ()

Flooring: Tile,Hardwood

Laundry: Gas Dryer Hookup,Washer Hookup

Window Features:

Door Features:

Accessibility: Accessible Entrance

Entry: Level 2, Location: Unit Placement(Upper)

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: (Area: )

Roof: Shingle,Slate,Rubber

Stories: 1 ()

Common Walls:

Body Type:

Utilities & Green Features

Heating: Forced Air,Natural Gas

Cooling: Central Air

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range,for Gas Dryer,Washer Hookup,Icemaker Connection

Electric: 220 Volts,Circuit Breakers,100 Amp Service (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation: Full,Fiberglass

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 2

Parking Features: Off Street,Assigned,Deeded,Paved

Pool:

Spa:

Patio/Porch: Patio

Fencing:

Lot Features:

View: (Canal, Waterview Y/N: Yes)

Waterfront: Beach Front,Ocean,River,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space: Yes - Common

Community & Association

Community Features: Public Transportation,Shopping,Pool,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University

Association Fee: (Monthly)

Fee Includes: Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Reserve Funds

Association Amenities: Elevator(s)

Pets Allowed: Yes

Schools: E: , M: , H:

Zoning: R2 ()

MLS Area: Major: , Minor:

Management: Professional - On Site,Developer Control,Owner Association

Optional Fee: (Includes: )

Property Description

Located In the heart of Salem’s coveted McIntire District & winner of the prestigious Tsongas Award for historic restoration in 2018, this large modern 2 bed 2 full bath upper unit in an elevatored wheelchair accessible building features tiled baths, stainless appliances, original character with soaring ceilings & oversized windows. Sun-splashed eat-in kitchen & living room. Gleaming hardwood floors. Laundry in unit. Large primary bedroom w/ en-suite bath and 2nd large bedroom with adjacent full bath. This stately historic building boasts an impressive checklist Including an elevator and TWO parking spaces per unit. This upper level unit features fabulous views of Salem, renovated/restored to the studs in 2018 with new plumbing, electric, kitchen & baths, gas heat & central a/c. Live in the heart of Salem’s most prestigious and convenient area with parking that allows easy access/ exit from Salem’s popular downtown.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features: Yes

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 8

Units Owner Occupied: 7

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete: Yes

Unit Building: 5

Financial & Lease Information

Tax Annual Amount: 7000 (Year: 2024)

Tax Assessed Value: 650000

Tax Block/Lot/Book/Map: / / 34841 /

Parcel Number: 2132220

Special Licenses:

Current Financing: Other

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: BB809482) / Team: BB923122

Listing Office: (MLS ID: AC1991)

Agent (Property):

Buyer Agent MLS ID: bb922669

Buyer Office MLS ID: an6190

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-11-14

Expiration Date: 1900-01-01

Original List Price: 599900

Price Per SqFt (List): 433.14

Market Time (Property): 56 (Broker: 56, Prev Broker: , Prev Property: 0)

MLS Status: Sold

Possession:

Directions: North or Flint to Federal street

Disclosures: Seller is licensed real estate broker. Taxes and assessment are estimates., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency: Pending P&S

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: Master Deed,Rules & Regs,Master Plan (Count: 3)

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 150)

Sale Information (if applicable)

Close Date: 2025-01-30

Close Price: 595000

Price Per SqFt (Sold): 429.6

Anticipated Sold Date: 2025-01-30T05:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2024-12-23

Sold vs Rent:

System Information

Property ID: 968272

Modification Timestamp: 2025-01-30T21:21:00.000Z

Bridge Modification Timestamp: 2025-01-30T21:21:55.070Z

Original Entry Timestamp: 2024-11-14T23:36:00.000Z

Status Change Timestamp: 2025-01-30T21:21:00.000Z

Off Market Date: 2025-01-08

Development Status:

Business Type:

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