Condominium at 49 Federal St # 4, Salem MA 01970, Salem
Condominium at 49 Federal St # 4, Salem MA 01970, Salem, photo 2 of 23
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$619,000

49 Federal St # 4, Salem MA 01970
Salem, MA 01970
Listed by Charlotte Press
Bedrooms
2
Bathrooms
2.5
Living area
877 sqft
Year built
1800

About this home

Step into history, reimagined for modern living. This beautifully renovated Victorian-era condo blends old-world character with brand-new everything, including wide-plank pine flooring, a fully gut-renovated kitchen with all-new appliances, and two en-suite bathrooms, one for each bedroom. Completed in 2022, the complete renovation gives you all the charm of a historic Salem building with none of the guesswork. Oversized windows flood the unit with light, and, a rare find for a building this age, Unit 4 has separate climate control for each floor plus central air conditioning. The location doesn't get more central: directly across from Salem's historic courthouse and moments from the city's best restaurants and nightlife. Salem's shops, museums, and waterfront are all close by, and the MBTA Salem train station is just around the corner, putting Boston within easy reach. Historic charm, modern finishes, and an unbeatable location: Unit 4 at 49 Federal St checks every box.

Property details

MLS #
73577576
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
10
On market date
September 15, 2026
Stories
3
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
1
Lot size
0.08 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Saltonstall School
0.71 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
0.69 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
0.23 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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
Nearby-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 10 days -- 81 fewer days than Salem's current average of 91 days.
For reference, the median list price across 372 active listings in Salem right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,878/mo
$123,800 down
$495,200 loan
Principal & interest$3,212
Property tax (est.)$516
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 6 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.