49 Federal St, Unit 2

1,519 Sq. Ft.
$451 / Sq. Ft.
1,519
Sq. Ft.
$451
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Christine Tierney

    Christine Tierney

    Alternative Listing Agent

    Compass

Property Details for 49 Federal Street, Unit 2

Town
Salem
Area
MA-Salem
Style
Low-Rise
Garage Spaces
0
Open Parking Spaces
1.00
Parking Spaces Total
1
Unit Placement
Back, Ground, Partially Below Grade
LISTING UPDATED: 03/17/2026 03:32 AM

Property Details for 49 Federal Street, Unit 2

StatusNew
MLS #73487128
Days on Market2
Taxes$6,671 / year
HOA Fees$210 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1800
CountyEssex County
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Building Information for 49 Federal Street, Unit 2

Building/Complex49 Federal Street CondominiumFloor1Stories2Residences5Pet PolicyAllowedPet Policy Details-Year Built1800

Payment Calculator

$4,090 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,324

Property Taxes

$556

HOA Dues

$210

The Payment Calculator is for illustrative purposes only.

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Property Information for 49 Federal Street, Unit 2

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 1519.0
  • SqFt with Basement: Yes
  • Total Units: 5
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate,Renovated Since
  • Year Converted: 2022
  • Year Built Source: Public Records
Location/School
  • Grade School: Public/Private
  • High School: Public/Private
  • Middle School: Public/Private
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Y
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Laundry Features: In Basement, In Unit, Electric Dryer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Frame
  • Entry Location: Back,Ground,Partially Below Grade
  • Exterior Features: Deck, Patio
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof Material: Shingle, Rubber
  • Structure Type: Low-Rise
  • Waterfront Features: Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Deeded, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Deeded, Paved Driveway
  • Parking Features: Off-Street, Deeded, Paved Driveway
Utilities
  • Cooling: Ductless Mini-Split System
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Green Energy Efficient: Thermostat
  • Heating: Ductless
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer
  • Water: Public
Room Information
Primary Bedroom
  • Primary Bedroom Level: First Floor
Bedroom 2
  • Bedroom2 Level: Basement
Bedroom 3
  • Bedroom3 Level: Basement
Bathroom 1
  • Bathroom1 Level: First
Bathroom 2
  • Bathroom2 Level: First
Bathroom 3
  • Bathroom3 Level: Basement
Dining Room
  • Dining Room Level: First
Kitchen
  • Kitchen Level: First
Living Room
  • Room Living Room Level: First
Property Information
Property Info
  • Year Round: Yes
  • Documents Available: Master Deed, Unit Deed, Rules & Regs, Floor Plans
  • Documents Count: 4
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: No pet restrictions except for those breeds that would put the master insurance policy in jeopardy. Sellers have never used fireplace - buyers to verify functionality.
Tax Information
  • Tax ID: 26 0418 802,5195630
  • Assessments: $618,800
  • Book: 41003
  • Tax Year: 2026
  • Zoning: Condo
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 2
Other Building Characteristics
  • Cooling Zones: 5
  • Heat Zones: 5
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
  • Complex Name: 49 Federal Street Condominium
  • Complex Complete: Yes
  • Management: Owner Association
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 2
  • Unit Floor Level Integer: 1.0

Property History for 49 Federal Street, Unit 2

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

MLS PIN #73487128

$685,000—
Jun 15, 2022

Sold

MLS PIN #72973704

$650,000—
Jun 1, 2022

Contingent

MLS PIN #72973704

—
Apr 28, 2022

Listed (Active)

MLS PIN #72973704

$669,000—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

MLS PIN #73487128

$685,000
06/15/2022

Sold

MLS PIN #72973704

$650,000
06/01/2022

Contingent

MLS PIN #72973704

—
04/28/2022

Listed (Active)

MLS PIN #72973704

$669,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 49 Federal Street, Unit 2

Taxable ValueLand-Additions$586,600Total-
Tax Record2025$6,652 ($554 / month)
Home Facts
Beds3Total Finished SqFt2,103 SqFtAbove Grade Finished SqFt1,519 SqFtFinished Basement SqFt584 SqFtStories3Lot Size3,441 SqFtStyleCondominiumYear Built1980ZoningB5CountyESSEXAPNSALE M:26 L:0418 S:802

Schools near 49 Federal Street, Unit 2

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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49 Federal Street, Unit 2 is a condo for sale in Salem, MA 01970. This property was listed for sale on March 16, 2026 by Compass, it's currently listed at $685,000. It has been on the market for a total of 2 days and was last sold on June 15, 2022. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory School and Witchcraft Heights Elementary School. 49 Federal Street, Unit 2 is a 3-bed, 3-bath, 1,519 sqft condo built in 1800.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.