126-1/2 Federal St, Salem, MA 01970
View Map
$1,050,000
2 Unit
4 Beds
3 Baths
2926 SQFT
0.06 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Medical Facility, Public School, Public Transportation, Shopping, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans, Pantry, Stone/Granite/Solid Counters, Storage
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Baseboard, Hot Water Radiators, Oil, Steam, Wall Unit

Financial

  • APOD Available: No

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Common, Other (See Remarks), Other (See Remarks), Underground
  • Utility Connections: for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: SESD

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Conventional (2x4-2x6), Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73516169
  • Last Updated: 05/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/15/2026Active$1,050,000$359MLSPIN
05/11/2026New$1,050,000$359MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Daniel Meegan, J. Barrett & Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-05-15 03:05:00

Related Properties