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107 Federal St 1Salem, MA 01970

For Sale

$949,995

Smart Buyer Rebate $4,750

Newly constructed residential unit built in what was once a circa 1890 dry goods store. Bask in the bountiful natural light from the original 96" tall storefront windows, gaze upon a lovely square or close the top down/bottom up shades for maximum privacy. Entertain in comfort while enjoying all that light in the open concept living/dining/kitchen area. Feel the spaciousness afforded by the high ceilings. Admire the details that set this home apart, including the open new $15,000 custom mahogany front door, the custom mahogany French windows in the primary bedroom, the kitchen cabinets that extend all the way to the ceiling, the chic bathrooms. Stay cool in the new central air. Consider the safety of the new fully sprinklered fire suppression system. In addition to the two bedrooms on the first level, spread out in the lower level large, private family room, the spacious office/guest bedroom, the separate laundry room, and the full bath. Off street parking. Enjoy life on one of Salem's finest tree lined streets in the heart of the McIntire Historic District, yet walk to the train to Boston, downtown Salem restaurants and shops, the Atheneum and the library in eight minutes or less. If you want everything new, but plain vanilla boxes are not for you, come home to this home with soul.

Last updated September 14, 2026

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Source: MLSPin #73563967

Listing Facts

  • TypeCondo
  • NeighborhoodFederal Street
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu32
  • Taxes$1,584/year
  • Size1,609 sqft
  • Price per sqft$590

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

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Listing History

09/14/2026
Price Decreased
$949,995
08/14/2026
Listed by
$995,000
  1. 09/14/2026$949,995
    Price Decreased
  2. 08/14/2026$995,000
    Listed by

Property Details for 107 Federal St 1

Association

Fees

  • Association Fee Includes: Water, Sewer, Insurance

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1890
  • Year Built Details: Certified Historic
  • Entry Level: 1
  • Entry Location: Unit Placement(Ground)

Features

  • Waterfront Features: Ocean Front

Measurements

  • Building Area Total: 1,609
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,378
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0026 B:0531 L:0801,4708385
  • Tax Annual Amount: $1,584.00
  • Tax Assessed Value: $446,400.00
  • Tax Year: 2027

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Flooring: Wood
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 1,609
  • Living Area Source: Public Records

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 6

Parking

Parking

  • Open Parking Spaces: 1
  • Parking Features: Off Street
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Heating: Natural Gas, Baseboard, Zoned
  • Has Heating: Yes
  • Laundry Features: In Basement, In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2 bathrooms in this condo at 107 Federal St 1.

Does this condo have parking?

Yes, there is 1 parking space available for 107 Federal St 1.

What are the annual taxes for 107 Federal St 1?

Annual taxes for this condo are estimated at $1,584.

How does 107 Federal St 1 compare to other condos in Federal Street?

This condo is listed 54% above the average price for condos in Federal Street and has been on the market for 9 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,609 sqft.

107 Federal St 1 is a 3-bedroom, 2-bath condo for sale in Salem MA 01970. Listed on Prevu for 32 days at $949,995. This includes a recent price decrease of $45,005. This residence features 1,609 square feet of living space, located in Federal Street. The median listing price for condos in this area is $789,000. Additional amenities include dishwasher, air conditioning, and parking. Browse more condo listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.