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126-1/2 Federal St, Salem, MA

Salem · MA 01970

$975,000
Price
4
Beds
3
Baths
2926
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 2,400 Sq.Ft Lot
Price per square foot: $359 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Beautifully maintained 1880 Salem multi-family brimming with character, space, and flexibility. Both units feature hardwood floors throughout, oversized windows flooding the space with natural light, spacious layouts, and inviting living areas ideal for everyday living and entertaining. Generous pantry storage, walk-in closets, stone and granite countertops, and updated electrical panels add comfort and peace of mind. Unit 2 spans two levels with cathedral ceilings, wall AC, and a dedicated family room. A full unfinished basement provides laundry and abundant storage. Enjoy a private patio and porch perfect for relaxing, gardening, or entertaining, plus 6 deeded off-street parking spaces ? all minutes from downtown Salem, dining, shopping, and commuter rail. Formerly a legal grandfathered 3-family with potential future conversion/ADU possibilities subject to buyer due diligence and city approvals. See firm remarks and attached documents for additional information.

Neighborhood & Transit

126-1/2 Federal St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.44 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
177 days
Listing Price:
$1,050,000
Price per Sq.Ft:
$359
Tax Assessment:
$931,600 in 2025
Taxes:
$880 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,926 Sq.Ft
Broker Disclosure about Living Area
Formerly a 6 bedroom multi-family, sellers modified to a 4 bedroom.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2926
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps, Other (See Remarks)

Exterior Features

Lot Size
2,400 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Daniel Meegan
Listing office
J. Barrett & Company
MLS PIN #
73516169
Disclosure
The 2 hanging lamps located next to the bed in the primary bedroom on the 3rd floor are excluded from the sale. Former legal grandfathered 3-family with existing 3rd-floor kitchen plumbing still in place and potential future conversion opportunity subject to buyer due diligence and city approval.
Disclosure
Formerly a 6 bedroom multi-family, sellers modified to a 4 bedroom.