49 Federal Street # 2 Salem, MA ^$ 685,000

49 Federal Street # 2

^$ 685,000

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49 Federal Street # 2

Salem, MA, 01970

^$ 685,000

Bedrooms3 Baths2.1 Sq 1,519

Monthly Estimate*

^$ 4,218

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Condo for sale in Salem, MA

for $685,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,519 square foot condo was built in 1800.

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.

Condo Active

Price

^$ 685,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 6,671

Style

Low-Rise

Year Built

1800

Town/City

Salem

County/Region

Essex

MLS | Web ID

73487128

List By

Willis + Tierney

Listing Agent

Compass

Broker

Affordability Calculator

$4,774

Per Month

Monthly Principal & Interest: $4,218
Monthly Property Taxes: $556
Monthly Home Insurance: --

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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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Condo listings in Salem, MA

Average List Price ^$0

Percent of Sale Price 100%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

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Pricing History

Date	Price	Price Change	Description
3/16/2026	$685,000		Listed Price

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49 Federal Street # 2, Salem, MA, 01970 is a Condo for sale at $685,000 with 1,519 sqft. 49 Federal Street # 2 has 3 bedrooms, 2.1 baths, and was built in 1800. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Data is updated as of 3/18/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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49 Federal Street # 2

Condo for sale in Salem, MA

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