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A rare opportunity to enjoy the best of downtown Salem living! Tucked just off the main drag, this impeccably renovated 1-bedroom, 1.5-bath townhouse-style residence offers an exceptional combination of historic charm, modern luxury, and peaceful privacy—all just one block from the commuter rail and steps from Salem's vibrant restaurants, cafĆ©s, boutiques, and waterfront. Part of a historic building total redevelopment, this sun-drenched home showcases beautifully preserved wide-plank pine floors, high ceilings, rich architectural details, and designer finishes throughout. The elegant kitchen features custom cabinetry, stone countertops, and stainless steel appliances, while the living and dining spaces offer warmth and character. Upstairs, the top-floor bedroom is highlighted by cathedral ceilings, exposed wood beams, an en-suite bath, and a convenient office nook. Central air provides year-round comfort, while a gorgeous rooftop deck overlooking downtown offers lovely private outdoor space. A special home in a location that offers it all—the energy and convenience of downtown, with a welcome sense of quiet when you return home.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number 5195630
  • Rent Includes Water, Sewer
  • Unit Number3

Parking

  • Parking Spaces

Rooms

  • Bathroom2
  • Bathroom 1 Second
  • Bathroom 2 Third
  • Bathrooms Total Decimal 1.5
  • Bedrooms1
  • Dining Room Second
  • Full Bath1
  • Half Baths1
  • Kitchen Second
  • Living Room Second
  • Master Bedroom Third
  • Office Third

Basic Information

  • Date Available12/01/2026
  • List Price$2,900
  • MLS Number73594069
  • Modification Date10/22/2026
  • Property SubTypeCondominium

Location

  • Address49 Federal Street
  • Building Number49
  • CountyEssex
  • NeighborhoodDowntown
  • StateMA
  • StreetFederal Street
  • SubdivisionDowntown
  • TownSalem
  • Zip01970

Building

  • Building Area Units Square Feet
  • Entry Level 2
  • Patio And Porch Features Deck - Roof
  • Rooms7
  • Year Built2022
  • Year Built Details Actual, Certified Historic
  • Year Built Source Public Records

Interior

  • Interior Features Home Office

Exterior

  • Exterior Features Deck - Roof

Utilities

  • Cooling YN Yes
  • Heat SystemYes
  • Heating Electric, Ductless

Property Information

  • Building Area Source Field Card
  • Living Area 913
  • Lot Size Square Feet 3,441
  • Lot Size Units Acres
  • Square Feet913

Amenities

  • AmenitiesPublic Transportation, Shopping, Medical Facility, Highway Access, University
  • Appliances IncludedRange, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
  • PetsYes

Other

  • Association YN Yes
  • Date Listed10/22/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Chris McNamara of McNamara Realty,Inc.

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