49 Federal St # 4, Salem MA 01970

Salem, MA 01970
$619,000
Est. $3,945/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
2.5
Baths
877
Sq Ft
$706
Price/Sq Ft
0.08
Acres
1800
Year Built
1
Parking
2
Days on Market
For Sale Open House Listed Sep 15, 2026 • MLS# 73577576 Copied! • Updated Sep 17, 2026

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Open House Schedule

20
Sep
Sunday, September 20
11:30 AM - 1:00 PM EDT
18
Sep
Friday, September 18
5:00 PM - 6:30 PM EDT
19
Sep
Saturday, September 19
12:00 PM - 1:30 PM EDT

About this home

Step into history, reimagined for modern living. This beautifully renovated Victorian-era condo blends old-world character with brand-new everything, including wide-plank pine flooring, a fully gut-renovated kitchen with all-new appliances, and two en-suite bathrooms, one for each bedroom. Completed in 2022, the complete renovation gives you all the charm of a historic Salem building with none of the guesswork. Oversized windows flood the unit with light, and, a rare find for a building this age, Unit 4 has separate climate control for each floor plus central air conditioning. The location doesn't get more central: directly across from Salem's historic courthouse and moments from the city's best restaurants and nightlife. Salem's shops, museums, and waterfront are all close by, and the MBTA Salem train station is just around the corner, putting Boston within easy reach. Historic charm, modern finishes, and an unbeatable location: Unit 4 at 49 Federal St checks every box.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 15, 2026
$619,000
Original listing
Agent: Charlotte Press Office: Compass

Tax History

Year Taxes Assessment
2026 $5,584 $518,000

Financial Details

Annual Property Tax
$5,584
Tax Year 2026
HOA Fee
$150
Monthly
Assessed Value
$518,000

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1800
Living Area 877 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Pine
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Energy Star Qualified Dishwasher, Washer/dryer
Fireplace None
Basement N
Laundry Bathroom - Half, First Floor
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle, Rubber
Features Deck, Deck - Roof, Deck - Vinyl, Deck - Roof + Access Rights, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Roof, Deck - Vinyl, Deck - Roof + Access Rights
Features Off Street
Total Spaces 1
Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $5,584
Assessed Value $518,000

HOA & Community

HOA Fee $150 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes
Lead Paint Unknown
Seller Disclosures Floor Plans Are Approximate And Are For Marketing Purposes Only.
Possession None
Accepted Financing Seller W/participate
Structure Type []
Unit/Building 4
Sq Ft Source Public Record
Sq Ft Disclosures Prior listing from architect lists 930 square feet
Documents None
County Essex
Total market time (incl. prior listings) 2 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
877 sq ft
Total Rooms
4
Stories
3
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Pine
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Freezer, ENERGY STAR Qualified Dishwasher, Washer/Dryer
Interior Features:
Windows: Storm Window(s)
Basement: N
Laundry: Bathroom - Half, First Floor
Security: Intercom

Construction & Materials

Style: Other (See Remarks)
Year Built: 1800
Effective Year (Renovated): 2022
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Roof, Deck - Vinyl, Deck - Roof + Access Rights, Balcony
Patio & Porch: Deck, Deck - Roof, Deck - Vinyl, Deck - Roof + Access Rights
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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
1.7 mi
Grades PK-08
C+
Saltonstall School
0.7 mi | #525 of 825 | Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
B-
Carlton School
0.7 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.0 mi | #319 of 825 | Score: 50.0
Improved 260 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.0 mi | #531 of 825 | Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.0 mi
107 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.2 mi | #340 of 825 | Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Horace Mann Laboratory School
1.2 mi | #654 of 825 | Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.7 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.7 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.3 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $465
Homeowners Insurance $200
HOA Fee $150/mo
PMI (if <20% down) $0

Loan Summary

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

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

49 Federal St # 4, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Charlotte Press
Listing Office Compass
Office Phone 781-534-9229
Agent MLS ID CN256831
Office MLS ID AN6818
Listing Data Updated Sep 17, 2026 12:10 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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