162 Federal Street, Unit 1

Salem, MA 01970

$479,000
Price
1
Beds
1
Bath
1
1/2 Bath
835 Sq. Ft.
$574 / Sq. Ft.
835
Sq. Ft.
$574
per Sq. Ft.

Description

Open house FRI 5/17 5-6PM. Located in the heart of downtown Salem's coveted McIntire District, this modern sun filled unit in a stately building boasts a checklist rarely found in the area. Renovated to the studs in 2018 with new plumbing, electrical, kitchen & baths, heat and central a/c. First floor unit in elevatored building. Freshly refinished hardwood floors throughout. Tiled baths, stainless appliances, Soaring ceilings and oversized windows allow natural light to flood the open concept eat-in...Open house FRI 5/17 5-6PM. Located in the heart of downtown Salem's coveted McIntire District, this modern sun filled unit in a stately building boasts a checklist rarely found in the area. Renovated to the studs in 2018 with new plumbing, electrical, kitchen & baths, heat and central a/c. First floor unit in elevatored building. Freshly refinished hardwood floors throughout. Tiled baths, stainless appliances, Soaring ceilings and oversized windows allow natural light to flood the open concept eat-in kitchen, dining & living area. Convenient in unit laundry area & half bath tucked away. Large bedroom with en-suite bath & dual closets. Exterior features common patio space, entrances on both Federal & Bridge Streets for convenience to downtown or routes out of town. Pet friendly association. 2 on site parking spaces. A very walkable 1/2 mile to the Commuter Rail & all of downtown Salem, easy access to area parks, amenities, schools, hospital, trails and Salem's thriving culture
  1. Listed by Michael Becker • Atlantic Coast Homes,Inc
  2. Listed by Dan Bernal • Atlantic Coast Homes,Inc

Property Details for 162 Federal Street, Unit 1

Town
Salem
Area
MA-Salem
Style
Garden
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
Unit Placement
Street

Location

Listing Courtesy of Atlantic Coast Homes,Inc, Michael Becker; Atlantic Coast Homes,Inc, Dan Bernal
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LISTING UPDATED: 05/18/2024 03:06 AM

Property Details for 162 Federal Street, Unit 1

StatusActive
MLS #73213256
Days on Market46
Taxes$5,578 / year
HOA Fees$370 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1900
CountyEssex County

Location

Listing Courtesy of Atlantic Coast Homes,Inc, Michael Becker; Atlantic Coast Homes,Inc, Dan Bernal
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Virtual Tour

Building Information for 162 Federal Street, Unit 1

Building/Complex162 Federal StFloor1Stories1Residences8Pet PolicyAllowedYear Built1900

Payment Calculator

$3,449 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,614

Property Taxes

$465

HOA Dues

$370

The Payment Calculator is for illustrative purposes only.

Property Information for 162 Federal Street, Unit 1

General Details
Property Details
  • Association Amenities: Elevator(s)
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, T-Station, University
  • Living Area: 835.0
  • SqFt with Basement: No
  • Total Units: 8
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate,Certified Historic,Renovated Since
  • Year Converted: 2024
  • Year Built Source: Owner
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Plumbed For Ice Maker
  • Basement Features: Y
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Interior Features: Intercom
  • Laundry Features: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Storm Window(s)
Exterior Features
  • Entry Location: Street
  • Exterior Features: Patio, City View(s), Garden, Professional Landscaping
  • Exterior Features: City View(s), Garden Area, Professional Landscaping, Patio
  • Patio And Porch Features: Patio
  • Roof Material: Shingle, Slate, Rubber
  • Structure Type: Garden
  • View: City
  • View: Yes
  • Waterfront Features: Beach Front, Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Canal
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
  • Open Parking: Yes
  • Parking Features: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
  • Parking Features: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewage District: Sal
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 240.0
  • Room Primary Bedroom Features: Flooring - Hardwood,Recessed Lighting,Closet - Double
  • Room Primary Bedroom Length: 16.0
  • Primary Bedroom Level: First Floor
  • Room Primary Bedroom Width: 15.0
Bathroom 1
  • Bathroom1 Area: 24.0
  • Bathroom1 Features: Bathroom - Half,Flooring - Stone/Ceramic Tile,Recessed Lighting
  • Bathroom1 Length: 8.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 3.0
Bathroom 2
  • Bathroom2 Features: Bathroom - Full,Bathroom - Tiled With Shower Stall,Flooring - Stone/Ceramic Tile,Recessed Lighting
  • Bathroom2 Level: First
Dining Room
  • Dining Room Area: 144.0
  • Dining Room Features: Flooring - Hardwood
  • Dining Room Length: 9.0
  • Dining Room Level: Main,First
  • Dining Room Width: 16.0
Kitchen
  • Kitchen Area: 126.0
  • Kitchen Features: Flooring - Hardwood,Recessed Lighting,Stainless Steel Appliances
  • Kitchen Length: 14.0
  • Kitchen Level: Main,First
  • Kitchen Width: 9.0
Living Room
  • Room Living Room Area: 240.0
  • Room Living Room Features: Flooring - Hardwood
  • Room Living Room Length: 15.0
  • Room Living Room Level: Main,First
  • Room Living Room Width: 16.0
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller is licensed R.E. Broker. Condo fee,Assessment and taxes are estimated based on listing price. GLA is measured. Final GLA TBD by engineer.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:26 L:0096,2132220
  • Assessments: $480,000
  • Book: 34841
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 1
  • Total Living Levels: 1
Other Building Characteristics
  • Accessibility Features: Accessible Entrance
  • Cooling Zones: 1
  • Heat Zones: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
  • Complex Complete: Yes
  • Management: Professional - Off Site, Developer Control, Owner Association
  • Association Security: Intercom
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 1
  • Unit Floor Level Integer: 1.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 1

Property History for 162 Federal Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 162 Federal Street, Unit 1

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

Carlton Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Witchcraft Heights 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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162 Federal Street, Unit 1 is a condo for sale in Salem, MA 01970. This property was listed for sale on March 18, 2024 by Atlantic Coast Homes,Inc, it's currently listed at $479,000. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Carlton Elementary School and Horace Mann Laboratory. 162 Federal Street, Unit 1 is a 1-bed, 1.5-bath, 835 sqft condo built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.

Listing Courtesy of Atlantic Coast Homes,Inc, Michael Becker; Atlantic Coast Homes,Inc, Dan Bernal

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.