49 Federal Street #2, Salem, MA 01970 - Photo 1

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$685,000 Just Listed

For Sale
Active
Condo
3 Beds
2 Full Baths
1 Partial Bath
1,519 Sq. Ft.
Updated 15 hours ago

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Property Description

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.

Full Property Details

Full Property Details for 49 Federal St #2

General

Price: $685,000
HOA FEE: $210/month
Taxes: $6,671 (2026)
Status: Active
Type: Condo
MLS ID: 73487128
Updated: 3/16/2026
Added to Site: 1 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathroom 1: First
Bathroom 2: First
Bathroom 3: Basement

Bedrooms

Total Bedrooms: 3
Primary Bedroom: First
Bedroom 2: Basement
Bedroom 3: Basement

Other Rooms

Living Room: First
Kitchen: First
Dining Room: First

Parking

Parking Features: Off Street, Deeded, Paved

Location

County: Essex

Structural Information

Basement: Yes
Stories/Levels: 2
Square Feet: 1,519
Year Built: 1800

Financial Considerations

Association Fee: $210
Tax Amount: $6,671
Tax Year: 2026

Disclosures and Reports

Disclosures/Rstr.: No pet restrictions except for those breeds that would put the master insurance policy in jeopardy. Sellers have never used fireplace - buyers to verify functionality.
Property ID: 26 0418 802, 5195630

Listed by Compass, Willis + Tierney and Christine Tierney

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Listing agents

— 49 Federal St #2 —

Willis + Tierney

Compass
Christine Tierney

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Schools

Schools serving 49 Federal St #2

School District:Salem School District, Salem, MA

Name	Grades	Distance
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.7 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.7 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	0.9 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.7 mi
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970	9-12	0.2 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.3 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.2 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 49 Federal St #2 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/16/2026

Listed

$685,000

5.38%

MLS

6/14/2022

Sold

$650,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 49 Federal St #2

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,652

2%

$586,600

5%

2024

$6,522

-3%

$561,300

5%

2023

$6,710

—

$536,400

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 49 Federal St #2

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Total Baths
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Updated 2 days ago

2
Beds
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Total Baths
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2
Beds
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Total Baths
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Sq. Ft.

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Active
Updated 10 hours ago

3
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Updated 3 days ago

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Total Bath
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Price Reduced

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Active
Updated 1 day ago

2
Beds
2
Total Baths
1,192
Sq. Ft.

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Sold

$775,000

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Single Family
Closed

3
Beds
2
Total Baths
1,856
Sq. Ft.

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Sold

$599,000

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Condo
Closed

2
Beds
2
Total Baths
1,395
Sq. Ft.

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Sold

$787,000

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Condo
Closed

2
Beds
3
Total Baths
1,401
Sq. Ft.

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Sold

$735,000

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Condo
Closed

4
Beds
4
Total Baths
2,260
Sq. Ft.

Listed by Lento and Rivkind Real Estate Team

49 Federal Street #2, Salem, MA 01970 (MLS# 73487128) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 49 Federal Street #2 is currently listed for $685,000 and was received on March 16, 2026. Want to learn more about 49 Federal Street #2? Do you have questions about finding other Condo real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

49 Federal St #2 Salem, MA 01970