$1,050,000
126-1/2 Federal St
Salem, MA, 01970
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
Price:
$1,050,000
MLS #:
73516169
Status:
Pending
Beds:
4
Baths:
3
Type:
Multi Family
Neighborhood:
mcintirehistoricdistrict
Listed Date:
May 11, 2026
Finished Sq Ft:
2,926
Total Sq Ft:
2,926
Lot Size:
2,400 sqft / 0.06 acres (approx)
Year Built:
1880
Units:
2
Schools
Interior
Above Grade Finished Area
2926
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Freezer, Microwave
Bathrooms
3 Full Bathrooms
Cooling
Wall Unit(s)
Flooring
Wood, Hardwood, Stone/Ceramic Tile
Heating
Forced Air, Natural Gas, Steam, Wall Unit
Interior Features
Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Walk-In Closet(s), Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Family Room
Laundry Features
Gas Dryer Hookup
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, University, Sidewalks
Construction Materials
Frame, Conventional (2×4-2×6)
Exterior Features
Rain Gutters
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Deeded
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio
Roof
Shingle
Stories
3
Financial
Tax Year
2025
Taxes
$10,564
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Salem as of Jun 20, 2026
25
Multi Family Listed
94
Avg DOM
330
Avg $ / SqFt
$1,319,988
Avg List Price
Community
- Address126-1/2 Federal St Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 126-1/2 Federal St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $1,050,000 To schedule a showing of MLS#73516169 at 126-1/2 Federal St in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of J. Barrett & Company. 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.
126-1/2 Federal St
Salem, MA