LevelThird
49 Federal St # 3, Salem MA 01970
Salem, MA 01970 • Downtown
$2,900/mo
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About this home
A rare opportunity to enjoy the best of downtown Salem living! Tucked just off the main drag, this impeccably renovated 1-bedroom, 1.5-bath townhouse-style residence offers an exceptional combination of historic charm, modern luxury, and peaceful privacy—all just one block from the commuter rail and steps from Salem's vibrant restaurants, cafés, boutiques, and waterfront. Part of a historic building total redevelopment, this sun-drenched home showcases beautifully preserved wide-plank pine floors, high ceilings, rich architectural details, and designer finishes throughout. The elegant kitchen features custom cabinetry, stone countertops, and stainless steel appliances, while the living and dining spaces offer warmth and character. Upstairs, the top-floor bedroom is highlighted by cathedral ceilings, exposed wood beams, an en-suite bath, and a convenient office nook. Central air provides year-round comfort, while a gorgeous rooftop deck overlooking downtown offers lovely private outdoor space. A special home in a location that offers it all—the energy and convenience of downtown, with a welcome sense of quiet when you return home.
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Price & Status History
Property Timeline
Listed for Rent
Oct 22, 2026
$2,900
Original listing
Agent: Chris McNamara
Office: McNamara Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/22/2026 | 🏠 Listed for Rent | $2,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| Tax history not available | ||
Facts & Features
Home Facts
Type
Residential Lease
Style
Condominium
Year Built
2022
Living Area
913 sq ft
Lot Size
3,441 sq ft
Bedrooms
1
Full Baths
1
Half Baths
1
Total Rooms
7
Rental Details
Available
Dec 1, 2026
Lease Term
Term of Rental(12)
Rent Includes
Water, Sewer
Security Deposit
$2,900
Required
First MonthDepositReferencesInsurance
Pets
Yes
Pet Policy
Dogs OKCats OK
Interior
Heating
Electric, Ductless
Cooling
None
Flooring
None
Appliances
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace
None
Basement
None
Laundry
Third Floor, In Unit
Features
Home Office
Exterior
Construction
None
Architecture
None
Roof
None
Features
Deck - Roof
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Roof
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Building & Pet Policy
HOA
Yes
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
Late Nov Ok
Accepted Financing
None
Structure Type
[]
Unit/Building
3
Sq Ft Source
Field Card
Documents
None
County
Essex
Property Overview
Property Type
Condominium
Listing Type
For Rent
Year Built
2022
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
913 sq ft
Total Rooms
7
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
913 sq ft above grade
LevelThird
LevelThird
LevelSecond
LevelSecond
LevelSecond
LevelSecond
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck - Roof
Room Markers
OOffice (1)
KKitchen (1)
BABathroom (3)
DDining (1)
LLiving (1)
BRBedroom (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Home Office
Windows:
Basement:
Laundry:
Third Floor, In Unit
Security:
Construction & Materials
Year Built:
2022
Structure Type:
Exterior Materials:
Roof:
Foundation:
Utilities & Systems
Heating:
Electric, Ductless
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Deck - Roof
Patio & Porch:
Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
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
Elementary Schools
3 schools
The Phoenix School
0.7 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
Middle Schools
3 schools
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
B+
Village School
2.1 mi
|
#265 of 825
|
Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
C+
J. Henry Higgins Middle School
2.2 mi
|
#235 of 352
|
Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students
Diverse
Grades 06-08
High Schools
3 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
Bishop Fenwick High School
1.5 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
Downtown
49 Federal St # 3, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Chris McNamara
Listing Office
McNamara Realty, Inc.
Office Phone
617-605-1201
Agent MLS ID
CN217517
Office MLS ID
AN6977
Listing Data Updated
Oct 22, 2026 12:57 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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