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162 Federal St Unit 5

Salem, MA 01970

2 beds
2 baths
1,385 sqft
~1/2 acre lot
$433 per sqft
1900 build
– on site

Located In the heart of Salem's coveted McIntire District & winner of the prestigious Tsongas Award for historic restoration in 2018, this large modern 2 bed 2 full bath upper unit in an elevatored wheelchair accessible building features tiled baths, stainless appliances, original character with soaring ceilings & oversized windows. Sun-splashed eat-in kitchen & living room. Gleaming hardwood floors. Laundry in unit. Large primary bedroom w/ en-suite bath and 2nd large bedroom with adjacent full bath. This stately historic building boasts an impressive checklist Including an elevator and TWO parking spaces per unit. This upper level unit features fabulous views of Salem, renovated/restored to the studs in 2018 with new plumbing, electric, kitchen & baths, gas heat & central a/c. Live in the heart of Salem's most prestigious and convenient area with parking that allows easy access/ exit from Salem's popular downtown.

Listing courtesy of MLSPIN / Michael Becker / Atlantic Coast Homes,Inc

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 73312859 —

The Building

Year Built:

1900
Year Built Details:

Approximate,Renovated Since
Year Built Effective:

2024
Year Built Source:

Owner
Structure Type:

Low-Rise
Construction Materials:

Frame
Entry Level:

2
Entry Location:

Unit Placement(Upper)
Roof:

Shingle
Basement:

N
Exterior Features:

Patio
Patio And Porch Features:

Patio
Accessibility Features:

Accessible Entrance
Security Features:

Intercom
Unit Number:

5
Stories Total:

1
# of Units Total:

8
Building Area Total:

1385
Building Area Units:

Square Feet
Building Area Source:

Measured

Interior

Rooms Total:

5
Living Room Level:

Second
Living Room Features:

Flooring - Hardwood
Kitchen Level:

Second
Kitchen Features:

Flooring - Hardwood, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Dining Room Level:

Second
Dining Room Features:

Flooring - Hardwood
Flooring:

Tile
Fireplace:

false
Laundry Features:

Gas Dryer Hookup

Room Dimensions

Living Area:

1385
Kitchen Area:

128
Kitchen Length:

8
Kitchen Width:

16
Bedroom 2 Area:

225
Bedroom 2 Length:

15
Bedroom 2 Width:

15
Master Bedroom Area:

240
Master Bedroom Length:

16
Master Bedroom Width:

15
Bathroom 1 Area:

65
Bathroom 1 Length:

13
Bathroom 1 Width:

5
Bathroom 2 Area:

72
Bathroom 2 Length:

12
Bathroom 2 Width:

6

Location

Directions:

North or Flint to Federal street
Latitude:

42.519979
Longitude:

-70.905909

The Property

Parcel Number:

2132220
Property Type:

Residential
Property Subtype:

Condominium
Lot Size Units:

Acres
Lot Size Area:

0.62
Lot Size SqFt:

27029
Lot Size Acres:

0.62
Zoning:

R2
Water View:

Yes
Water View Features:

Canal
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

34841
Tax Annual Amount:

7000
Tax Assessed Value:

650000

Beds

Bedrooms Total:

2
Master Bedroom Level:

Second
Master Bedroom Features:

Bathroom - Full, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Bedroom 2 Level:

Second
Bedroom 2 Features:

Bathroom - Full, Flooring - Hardwood, Flooring - Stone/Ceramic Tile

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2
Bathroom 1 Level:

Second
Bathroom 1 Features:

Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2 Level:

Second
Bathroom 2 Features:

Bathroom - Full, Flooring - Stone/Ceramic Tile
Master Bath Features:

Yes

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

for Gas Range
Electric:

220 Volts
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false
Pets Allowed:

Yes
Association Amenities:

Elevator(s)
Association Fee:

401.25
Association Fee Includes:

Water
Association Fee Frequency:

Monthly

Parking

Garage:

false
Parking Total:

2
Parking Features:

Off Street
Open Parking:

true

Monthly cost estimate

Asking price

$599,900

Expense	Monthly cost
Mortgage	$3,212
Taxes	$583
Insurance	$164
HOA fees	$401
Utilities	$230 See report
Total	$4,590/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Listed / Active	MLSPIN	$599,900

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $81k over asking price.

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This condo located in North Salem, Salem, MA 01970 is currently for sale for $599,900. 162 Federal St Unit 5 is a 1,385 square foot condo with 2 beds and 2 baths that has been on Estately for 7 days. 162 Federal St Unit 5 is in the North Salem neighborhood of Salem and has a WalkScore® of 83, making it very walkable. This condo is in the attendance area of Bates Elementary School, Salem High School, Carlton Elementary School, Nathaniel Bowditch School, Horace Mann Laboratory School, Witchcraft Heights Elementary School, Saltonstall School, Collins Middle School, and Bentley Elementary School.

Listing Courtesy of: MLSPIN and Atlantic Coast Homes,Inc.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.