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$420,000
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Property Description
116 Federal St Unit 2 delivers an unparalleled living experience rich in character nested in the historical McIntire District of Salem. The home comes fully furnished and includes dishes and small appliances. This home has been lovingly cared for to include refinish original wide board floors, newer individual furnace and water heater (less than 4 yrs old) and living room decorative custom restored fireplace , turnkey fully furnished! Features of this condominium, 11 ft ceilings, turnkey and furnished, 2 decorative fireplaces, original wide board floors and the convenience of in unit laundry. The library is also a flex space for added sleeping. Beautiful grounds are stunning with perennial beds and plantings to bring beauty throughout the season. Deeded off street parking for 2 vehicles. Walking distance to train to Boston, Salem commons, two blocks to the Ropes Public Garden, restaurants, waterfront and so mush more that Salem has to offer
Full Property Details
Full Property Details for 116 Federal St #2
General
- Sold For: $420,000
- HOA FEE: $267/month
- Taxes: $5,238 (2025)
- Status: Closed
- Type: Condo
- Source: MLSPin
- MLS ID: 73380089
- Added to Site: 235 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Library
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Kitchen, Living Room
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
- Bathroom 1: Full Bathroom, Tiled Bathroom with Tub and Shower, Stone/Ceramic Tile Flooring, Electric Dryer Hookup, W, Second
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: Second
Other Rooms
- Living Room: Hardwood Flooring, Crown Molding, Second
- Kitchen: Custom-Built Closet/Cabinets, Hardwood Flooring, Dining Area, Upgraded Countertops, Upgraded Cabinets, Crown Molding, Decorative Molding, Second
- Laundry: In Unit
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Patio, Garden, Rain Gutters, Professional Landscaping
Parking
- Total Spaces: 2
- Parking Features: Off Street, Tandem, Deeded
Location
- County: Essex
- Driving Directions: Route 114 to Federal St, Salem
Community
- Assoc. Fees Include: Storage, Garden Area
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Oil, Individual
- Heating Fuel: Baseboard, Oil, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Y
- Roof: Shingle, Rubber
- Stories/Levels: 1
- Square Feet: 885
- Sq. Ft. Source: Field Card
- Living Area: 885 Sq. Ft.
- Year Built: 1782
Water Features
- Water Front Desc.: Ocean, Beach Ownership(Public)
Financial Considerations
- Price Per Sq. Ft.: $474.58
- Association Fee: $267
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,238
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements
- Disclosures/Rstr.: Unit will trade furnished with the exception of the chair in MB and small hutch in LR.
- Property ID: 2132868
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Schools
Schools serving 116 Federal St #2
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.8 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 0.9 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 0.9 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.5 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.2 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Federal St #2
Date
Details
Price
Change
Source
7/15/2025
Sold
$420,000
-1.18%
MLS
5/27/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 Federal St #2, Salem, MA 01970 (MLS# 73380089) is a Condo property that was sold at $420,000 on July 15, 2025. This property was listed by Susan Kelsey from our Lynnfield Office.Want to learn more about 116 Federal St #2? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.


