Condominium at 107 Federal St # 1, Salem MA 01970
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31 photos

$869,995

107 Federal St # 1, Salem MA 01970
Salem, MA 01970
Listed by Richard Jagolta
Bedrooms
3
Bathrooms
2
Living area
1,609 sqft
Year built
1890

About this home

Newly constructed residential unit built in what was once a circa 1890 dry goods store. Bask in the bountiful natural light from the original 96" tall storefront windows, gaze upon a lovely square or close the top down/bottom up shades for maximum privacy. Entertain in comfort while enjoying all that light in the open concept living/dining/kitchen area. Feel the spaciousness afforded by the high ceilings. Admire the details that set this home apart, including the open new $15,000 custom mahogany front door, the custom mahogany French windows in the primary bedroom, the kitchen cabinets that extend all the way to the ceiling, the chic bathrooms. Stay cool in the new central air. Consider the safety of the new fully sprinklered fire suppression system. In addition to the two bedrooms on the first level, spread out in the lower level large, private family room, the spacious office/guest bedroom, the separate laundry room, and the full bath. Off street parking. Enjoy life on one of Salem's finest tree lined streets in the heart of the McIntire Historic District, yet walk to the train to Boston, downtown Salem restaurants and shops, the Atheneum and the library in eight minutes or less. If you want everything new, but plain vanilla boxes are not for you, come home to this home with soul.

Property details

MLS
MLS Property Information Network
MLS #
73563967
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
71
On market date
August 14, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
1
Lot size
0.05 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Saltonstall School
0.76 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
10.5:1
District
Salem
Middle
Collins Middle
0.53 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
New Liberty Innovation School
0.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
54
Student:teacher ratio
13.5:1
District
Salem

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores15
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 71 days -- 33 fewer days than Salem's current average of 104 days.
For reference, the median list price across 400 active listings in Salem right now is $434,450.

Mortgage calculator

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Est. monthly payment
$5,389/mo
$173,999 down
$695,996 loan
Principal & interest$4,514
Property tax (est.)$725
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.