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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
15 hours 43 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

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

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type:

Location

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Neighborhood

49 Federal Street # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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
15 hours 43 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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Steven Novak

Steven Novak

BMN Boston Real Estate

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