47 Federal Street, Salem MA 01970

Salem, MA 01970 • Downtown
$669,000
Est. $4,492/month
4
Beds
1
Baths
2,434
Sq Ft
$275
Price/Sq Ft
0.04
Acres
1787
Year Built
14
Days on Market
Active Listed Nov 21, 2025 • MLS# 73457035 Copied!

About this home

Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office but there may be an option to convert to a residential property. Huge plus is the off street parking allowing for 2-4 car tandem parking. There are 4 -6 offices, reception area and conference room and law library, 2 half baths and 2 small kitchen areas. The building also has central air and is within moments to banks, restaurants. Very high "in and out" index. Motivated seller.

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1787
Bedrooms
4
Half Bathrooms
2
Living Area
2,434 sq ft
Total Rooms
8

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1787
Living Area 2,434 sq ft
Lot Size 0.04 acres
Bedrooms 4
Half Baths 2
Total Rooms 8

Interior

Heating Central
Cooling Central Air
Flooring None
Appliances Gas Water Heater, Electric Water Heater
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture Colonial, Antique
Roof Shingle, Wood
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Tandem
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,916
Assessed Value $483,500

Interior Features

Flooring:
Appliances: Gas Water Heater, Electric Water Heater
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Style: Colonial, Antique
Year Built: 1787
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Wood
Foundation: Stone, Brick/Mortar

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem

Location

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Neighborhood

Downtown

47 Federal Street, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

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 $910
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

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Save $0/mo
Current Rate
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+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
Nov 21, 2025
$669,000
Original listing
Agent: George Fallon Office: Tache Real Estate, Inc.

Price & Status History

Date Event Price Change
Nov 21, 2025 New Listing Added $669,000
Nov 14, 2025 Sold $669,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$275

Tax History

Year Taxes Assessment
2025 $10,916 $483,500

Financial Details

Annual Property Tax
$10,916
Tax Year 2025
Assessed Value
$483,500

Listing Information

Listing Agent George Fallon
Listing Office Tache Real Estate, Inc.
Agent MLS ID C7308243
Office MLS ID C86500
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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