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162 Federal St #1

Salem, MA 01970
$497,500
1 Bed
1/1 Bath
835 Living Area
  • Property Description
    Open house FRI 5/17 5-6PM. Located in the heart of downtown Salem's coveted McIntire District, this modern sun filled unit in a stately building boasts a checklist rarely found in the area. Renovated to the studs in 2018 with new plumbing, electrical, kitchen & baths, heat and central a/c. First floor unit in elevatored building. Freshly refinished hardwood floors throughout. Tiled baths, stainless appliances, Soaring ceilings and oversized windows allow natural light to flood the open concept eat-in kitchen, dining & living area. Convenient in unit laundry area & half bath tucked away. Large bedroom with en-suite bath & dual closets. Exterior features common patio space, entrances on both Federal & Bridge Streets for convenience to downtown or routes out of town. Pet friendly association. 2 on site parking spaces. A very walkable 1/2 mile to the Commuter Rail & all of downtown Salem, easy access to area parks, amenities, schools, hospital, trails and Salem's thriving culture
  • Highlights
    • Cooling: Central Air
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 2
    • Property Type: Condominium
    • Unit Number: 1
    • Status: Closed
    • Has View: Yes
    • HOA Fee: $370
    • Property Class: Residential
    • Total Rooms: 4
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Plumbed For Ice Maker
    • Exterior Features: Patio, City View(s), Garden, Professional Landscaping
    • Pets Allowed: Yes
    • Total Number of Units: 8
    • Year Built Details: Approximate, Certified Historic, Renovated Since
    • Year Converted: 2024
    • Basement: Y
    • Flooring: Tile, Hardwood
    • Roof: Shingle, Slate, Rubber
    • View: City
    • Year Built Source: Owner
    • Zoning: R2
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, T-Station, University
    • Security Features: Intercom
    • Parking Features: Off Street, Assigned, Driveway, Paved, Exclusive Parking
    • Waterfront Features: Beach Front, Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Utilities
    • Electric: 220 Volts, Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $480,000
    • Compensation Based On: Net Sale Price
    • HOA Fee Frequency: Monthly
    • Tax Year: 2024
    • Buyer Agent Compensation: 2.25%
    • Facilitator Compensation: 1%
    • HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
    • Taxes: $5,578

Location

162 Federal St #1, Salem, MA 01970

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of J. Barrett & Company. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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