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Single Family Residence at 47 Federal Street, Salem MA 01970
Single Family Residence at 47 Federal Street, Salem MA 01970, photo 2 of 5
Single Family Residence at 47 Federal Street, Salem MA 01970, photo 3 of 5
Single Family Residence at 47 Federal Street, Salem MA 01970, photo 4 of 5
Single Family Residence at 47 Federal Street, Salem MA 01970, photo 5 of 5
5 photos

$579,900

47 Federal Street, Salem MA 01970
Salem, MA 01970
Listed by George Fallon
Bedrooms
4
Bathrooms
1
Living area
2,433 sqft
Year built
1787

About this home

Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office. Huge plus is the off street parking allowing for 2 car tandem parking. The building also has central air and is within moments to banks, restaurants. Very high "in and out" index. BUyers and buyers agent should determine of a change of usage is possible.

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73548035
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
106
On market date
July 10, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
2
Lot size
0.04 acres

Location

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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
Carlton
0.71 mi away · Grades 0-5
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
236
Student:teacher ratio
10.7:1
District
Salem
Middle
Collins Middle
0.71 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
0.21 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 106 days -- 2 more 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
$3,642/mo
$115,980 down
$463,920 loan
Principal & interest$3,009
Property tax (est.)$483
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 13, 2026.

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.