116 Federal St, Salem, MA 01970
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$425,000
1 Bed
1 Bath
885 SQFT
Acres: N/A
$267 HOA

Property Description

116 Federal St Unit 2 delivers an unparalleled living experience rich in character nested in the historical McIntire District of Salem. The unit exudes quiet charm and thoughtful updates that blend seamlessly with the abundance of historic features. 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 fireplace custom restored with marble inset. 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

Property Details tap to expand

Amenities

  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Association Fee Includes: Exterior Maintenance, Extra Storage, Garden Area, Landscaping, Master Insurance, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Kitchen Level: Second Floor
  • Cabinets - Upgraded, Closet/Cabinets - Custom Built, Countertops - Upgraded, Crown Molding, Decorative Molding, Dining Area, Fireplace, Flooring - Hardwood
  • Dishwasher, Dryer, Range, Refrigerator, Washer

Bathrooms

  • Full Baths: 1
  • Bathroom 1 Level: Second Floor
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Dryer Hookup - Electric, Flooring - Stone/Ceramic Tile, Washer Hookup

Bedrooms

  • Bedrooms: 1
  • Master Bedroom Level: Second Floor
  • Master Bedroom Features: Ceiling - Beamed, Ceiling - Cathedral, Ceiling Fan(s), Closet, Closet - Linen, Crown Molding, Decorative Molding, Flooring - Hardwood, Sunken

Other Rooms

  • Total Rooms: 4
  • Living Room Level: Second Floor
  • Living Room Features: Crown Molding, Fireplace, Flooring - Hardwood

Utilities

  • Heating: Electric Baseboard, Gas, Geothermal Heat Source, Hot Air Gravity, Hot Water Baseboard, Individual, Oil, Oil, Radiant
  • Cooling: Window AC
  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 885
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Front|Upper
  • Floors: 1
  • Pets Allowed: Yes
  • Fireplaces: 2
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 5
  • Number of Units Owner Occupied: 5
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $267
  • Fee Interval: Monthly

Construction

  • Year Built: 1782
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Construction Type: Aluminum, Frame
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Deeded
  • Parking Features: 1-10 Spaces, Deeded, Detached, Off-Street, Open, Other (See Remarks), Tandem
  • Parking Spaces: 2

Exterior & Grounds

  • Exterior Features: Garden Area, Gutters, Patio, Professional Landscaping
  • Pool: No
  • Waterfront Features: Ocean
  • Beach Ownership: Public
  • Beach Description: Ocean

Other Information

  • MLS ID# 73380089
  • Last Updated: 05/28/25
  • Documents on File: 21E Certificate, Association Financial Statements, Feasibility Study, Land Survey, Legal Description, Management Association Bylaws, Master Deed, Rules & Regs, Septic Design, Site Plan, Soil Survey, Subdivision Approval

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/27/2025New$425,000$480MLSPIN
06/04/2020Sold$329,000$372MLSPIN
05/02/2020Under Agreement$329,900$373MLSPIN
04/19/2020Contingent$329,900$373MLSPIN
04/15/2020Active$329,900$373MLSPIN
08/26/2015Sold$235,000$266MLSPIN
08/06/2015Under Agreement$247,000$279MLSPIN
07/13/2015Active$247,000$279MLSPIN

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Seller's Representative: Susan Kelsey, Coldwell Banker Realty - Lynnfield
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-28 03:30:00

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