126-1/2 Federal St Salem, MA $ 1,050,000
126-1/2 Federal St
$ 1,050,000
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126-1/2 Federal St

Salem, MA, 01970
$ 1,050,000
Bedrooms4 Baths3.0 Sq 2,926

Monthly Estimate*

$ 6,465

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Multi-Family Home for sale in Salem, MA

for $1,050,000 with 4 bedrooms and 3 full baths. This 2,926 square foot home was built in 1880 on a lot size of 0.06.

Beautifully maintained 1880 Salem multi-family brimming with character, space, and flexibility. Both units feature hardwood floors throughout, oversized windows flooding the space with natural light, spacious layouts, and inviting living areas ideal for everyday living and entertaining. Generous pantry storage, walk-in closets, stone and granite countertops, and updated electrical panels add comfort and peace of mind. Unit 2 spans two levels with cathedral ceilings, wall AC, and a dedicated family room. A full unfinished basement provides laundry and abundant storage. Enjoy a private patio and porch perfect for relaxing, gardening, or entertaining, plus 6 deeded off-street parking spaces — all minutes from downtown Salem, dining, shopping, and commuter rail. Formerly a legal grandfathered 3-family with potential future conversion/ADU possibilities subject to buyer due diligence and city approvals. See firm remarks and attached documents for additional information.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,564

Style

Multi Family

Lot Size

0.06

Year Built

1880

Town/City

Salem

County/Region

Essex

MLS | Web ID

73516169

List By
Daniel Meegan

Listing Agent

J. Barrett & Company

Broker

Affordability Calculator

$7,345
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$880
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
5/11/2026$1,050,000 Listed Price

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126-1/2 Federal St, Salem, MA, 01970 is a Multi-Family Home for sale at $1,050,000 with 2,926 sqft and a lot size of 0.06. 126-1/2 Federal St has 4 bedrooms, 3.0 baths, and was built in 1880. The property's zip code is 01970 which is in Salem, MA